https://www.taxtmi.com/caselaws?id=366068 The Tribunal set aside the order of absolute confiscation of gold jewellery under Customs Act provisions, allowing the appellants to redeem the goods by paying redemption fines. Penalties under Sections 112(a) and 114AA were upheld, with one appellant fined &8377; 3 lakhs and the other &8377; 2 lakhs. The Tribunal found that while penalties were warranted, absolute confiscation was unsustainable due to the circumstances and nature of the goods, as the appellants were not habitual offenders and the gold was not concealed in a manner typical of smuggling. en-us Mon, 20 Aug 2018 00:00:00 +0530 Thu, 05 Mar 2020 14:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366068 The Tribunal set aside the order of absolute confiscation of gold jewellery under Customs Act provisions, allowing the appellants to redeem the goods by paying redemption fines. Penalties under Sections 112(a) and 114AA were upheld, with one appellant fined &8377; 3 lakhs and the other &8377; 2 lakhs. The Tribunal found that while penalties were warranted, absolute confiscation was unsustainable due to the circumstances and nature of the goods, as the appellants were not habitual offenders and the gold was not concealed in a manner typical of smuggling. Case-Laws Customs Mon, 20 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366068