https://www.taxtmi.com/caselaws?id=429193 The High Court set aside the Tribunal's decision regarding the confiscation and sale of goods by the Customs authority. The Court held that the sale proceeds from auctioned goods should not remain with the government but should be paid to the importer after deductions. It was determined that the redemption fine could not be adjusted against the sale proceeds as the goods were sold during the pendency of the appeal, contrary to the law. The Court ruled in favor of the appellant, ordering the disposal of the appeal accordingly. en-us Mon, 12 Sep 2022 00:00:00 +0530 Thu, 20 Oct 2022 08:17:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429193 The High Court set aside the Tribunal's decision regarding the confiscation and sale of goods by the Customs authority. The Court held that the sale proceeds from auctioned goods should not remain with the government but should be paid to the importer after deductions. It was determined that the redemption fine could not be adjusted against the sale proceeds as the goods were sold during the pendency of the appeal, contrary to the law. The Court ruled in favor of the appellant, ordering the disposal of the appeal accordingly. Case-Laws Customs Mon, 12 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429193