https://www.taxtmi.com/caselaws?id=368941 The Tribunal upheld the Order-in-Appeal, confirming the absolute confiscation of gold seized from passengers traveling from Mumbai to Kerala by bus. While the Commissioner (Appeals) reduced the penalty for the appellant, the Tribunal determined that the confiscated gold had become prohibited goods, granting the adjudicating authority discretion to allow redemption. The Tribunal held that the authority could permit redemption under Section 125 of the Customs Act, 1962, and rejected the appeals, maintaining the absolute confiscation without interference. en-us Wed, 26 Sep 2018 00:00:00 +0530 Mon, 24 Feb 2020 14:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368941 The Tribunal upheld the Order-in-Appeal, confirming the absolute confiscation of gold seized from passengers traveling from Mumbai to Kerala by bus. While the Commissioner (Appeals) reduced the penalty for the appellant, the Tribunal determined that the confiscated gold had become prohibited goods, granting the adjudicating authority discretion to allow redemption. The Tribunal held that the authority could permit redemption under Section 125 of the Customs Act, 1962, and rejected the appeals, maintaining the absolute confiscation without interference. Case-Laws Customs Wed, 26 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368941