https://www.taxtmi.com/caselaws?id=340925 The Tribunal allowed the refund of duty amount to the importer who did not clear seized goods and did not exercise the redemption option, despite having paid the penalty for the offense. The Tribunal held that failure to exercise the redemption option led to non-clearance of goods, akin to absolute confiscation, eliminating the duty payment obligation. The Commissioner's rejection based on duty appropriation was overruled, emphasizing that duty refund should be granted in such circumstances, as observed in previous cases. en-us Wed, 15 Mar 2017 00:00:00 +0530 Wed, 07 Feb 2018 12:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340925 The Tribunal allowed the refund of duty amount to the importer who did not clear seized goods and did not exercise the redemption option, despite having paid the penalty for the offense. The Tribunal held that failure to exercise the redemption option led to non-clearance of goods, akin to absolute confiscation, eliminating the duty payment obligation. The Commissioner's rejection based on duty appropriation was overruled, emphasizing that duty refund should be granted in such circumstances, as observed in previous cases. Case-Laws Customs Wed, 15 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340925