https://www.taxtmi.com/caselaws?id=405609 Redemption fine under Section 125 of the Customs Act is maintainable only as an alternative to confiscation; where the confiscation finding is unchallenged, the fine cannot survive and is set aside. Penalty under Section 112(a) is attracted once improper import renders goods liable to confiscation, even without abetment, but the amount may be moderated on the facts and bona fides of the assessee. The confiscation and penalty framework was therefore maintained in principle, while the redemption fine was deleted and the penalty reduced. en-us Mon, 22 Mar 2021 00:00:00 +0530 Fri, 22 Oct 2021 14:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405609 Redemption fine under Section 125 of the Customs Act is maintainable only as an alternative to confiscation; where the confiscation finding is unchallenged, the fine cannot survive and is set aside. Penalty under Section 112(a) is attracted once improper import renders goods liable to confiscation, even without abetment, but the amount may be moderated on the facts and bona fides of the assessee. The confiscation and penalty framework was therefore maintained in principle, while the redemption fine was deleted and the penalty reduced. Case-Laws Customs Mon, 22 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405609