https://www.taxtmi.com/acts?id=24696 After goods are subject to confiscation, the owner or person in charge must be offered an option to redeem the goods by paying a fine in lieu of confiscation. The fine is capped by the market price of the confiscated goods and is additional to any tax and other charges payable in respect of those goods. en-us Mon, 03 Apr 2017 16:41:45 +0530 Mon, 03 Apr 2017 16:41:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=24696 After goods are subject to confiscation, the owner or person in charge must be offered an option to redeem the goods by paying a fine in lieu of confiscation. The fine is capped by the market price of the confiscated goods and is additional to any tax and other charges payable in respect of those goods. Act-Rules Bills Mon, 03 Apr 2017 16:41:45 +0530 https://www.taxtmi.com/acts?id=24696