https://www.taxtmi.com/caselaws?id=444021 The Tribunal allowed the appellant the option of redeeming confiscated gold ornaments upon payment of a reduced fine, finding the initial confiscation without redemption invalid due to the passenger's import ineligibility. The penalty was reduced from Rs. 2,50,000 to Rs. 50,000, with the appellant granted the opportunity to redeem the ornaments by paying Rs. 1,25,000. The Tribunal asserted jurisdiction to decide the matter concerning the gold ornaments, emphasizing that goods not meeting baggage criteria could be subject to confiscation but still fall under the Tribunal's purview for appeal disposal. en-us Thu, 28 Sep 2023 00:00:00 +0530 Sat, 07 Oct 2023 08:30:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444021 The Tribunal allowed the appellant the option of redeeming confiscated gold ornaments upon payment of a reduced fine, finding the initial confiscation without redemption invalid due to the passenger's import ineligibility. The penalty was reduced from Rs. 2,50,000 to Rs. 50,000, with the appellant granted the opportunity to redeem the ornaments by paying Rs. 1,25,000. The Tribunal asserted jurisdiction to decide the matter concerning the gold ornaments, emphasizing that goods not meeting baggage criteria could be subject to confiscation but still fall under the Tribunal's purview for appeal disposal. Case-Laws Customs Thu, 28 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444021