https://www.taxtmi.com/caselaws?id=286854 Under the second proviso to Section 6A(1) of the Essential Commodities Act, the ceiling on fine in lieu of confiscation is linked to the vehicle liable to confiscation, not to the essential commodity carried in it. The SC held that the statutory scheme of Sections 6A to 7 treats the conveyance as part of the confiscation regime and makes the redemption amount referable to the vehicle's market price on the date of seizure. The Customs Act analogy was rejected because the language of the two provisions differs. The High Court's contrary view was set aside and the appeals succeeded. en-us Tue, 29 Feb 2000 00:00:00 +0530 Wed, 18 Mar 2020 16:50:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286854 Under the second proviso to Section 6A(1) of the Essential Commodities Act, the ceiling on fine in lieu of confiscation is linked to the vehicle liable to confiscation, not to the essential commodity carried in it. The SC held that the statutory scheme of Sections 6A to 7 treats the conveyance as part of the confiscation regime and makes the redemption amount referable to the vehicle's market price on the date of seizure. The Customs Act analogy was rejected because the language of the two provisions differs. The High Court's contrary view was set aside and the appeals succeeded. Case-Laws Indian Laws Tue, 29 Feb 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286854