https://www.taxtmi.com/caselaws?id=405094 Redemption fine under Section 125 of the Customs Act was held unsustainable because it operates only as an alternative to confiscation and cannot survive where the confiscation finding is left unchallenged; the fine was deleted. Penalty under Section 112(a) was maintained in principle because improper importation that renders goods liable to confiscation is sufficient to attract the provision, but the penalty was reduced on the facts in view of the assessee's bona fides. en-us Wed, 10 Mar 2021 00:00:00 +0530 Thu, 13 Jan 2022 11:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405094 Redemption fine under Section 125 of the Customs Act was held unsustainable because it operates only as an alternative to confiscation and cannot survive where the confiscation finding is left unchallenged; the fine was deleted. Penalty under Section 112(a) was maintained in principle because improper importation that renders goods liable to confiscation is sufficient to attract the provision, but the penalty was reduced on the facts in view of the assessee's bona fides. Case-Laws Customs Wed, 10 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405094