https://www.taxtmi.com/caselaws?id=33626 The Appellate Tribunal CESTAT MUMBAI allowed the appellant to redeem confiscated goods by paying a redemption fine of Rs. 2.50 lakhs, converting absolute confiscation into an option for redemption. The Tribunal considered the penalty imposed and granted relief to the appellant, emphasizing the importance of specific circumstances and nature of violation in such cases. The judgment detailed the legal principles governing redemption of confiscated goods, affirming the appellant's right to redeem the goods valued at Rs. 20.44 lakhs. en-us Wed, 14 Jan 2009 00:00:00 +0530 Sat, 30 May 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33626 The Appellate Tribunal CESTAT MUMBAI allowed the appellant to redeem confiscated goods by paying a redemption fine of Rs. 2.50 lakhs, converting absolute confiscation into an option for redemption. The Tribunal considered the penalty imposed and granted relief to the appellant, emphasizing the importance of specific circumstances and nature of violation in such cases. The judgment detailed the legal principles governing redemption of confiscated goods, affirming the appellant's right to redeem the goods valued at Rs. 20.44 lakhs. Case-Laws Customs Wed, 14 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33626