https://www.taxtmi.com/article/detailed?id=11855 Payment of a redemption fine and associated penalties under the Customs Act is the statutory alternative to confiscation; once the redemption fine and penal sums demanded are lawfully paid, the Department lacks authority to retain the seized goods, and initiation of revision proceedings does not by itself justify withholding release, although the Department may take lawful steps if it later succeeds in revision. en-us Sat, 16 Sep 2023 10:02:00 +0530 Sat, 16 Sep 2023 10:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11855 Payment of a redemption fine and associated penalties under the Customs Act is the statutory alternative to confiscation; once the redemption fine and penal sums demanded are lawfully paid, the Department lacks authority to retain the seized goods, and initiation of revision proceedings does not by itself justify withholding release, although the Department may take lawful steps if it later succeeds in revision. Articles Customs - Import - Export - SEZ Sat, 16 Sep 2023 10:02:00 +0530 https://www.taxtmi.com/article/detailed?id=11855