https://www.taxtmi.com/caselaws?id=447794 Redemption fine on confiscated imported goods must remain proportionate and within the statutory ceiling of market value less duty payable; on the facts, the fine was reduced as the earlier amount was found excessive. The penalty issue turned on the continued finding of improper import and the absence of any basis for complete waiver, so the reduced penalty was left undisturbed. The note reiterates that confiscation-related monetary consequences must reflect the admitted facts and cannot be arbitrary or disproportionate. en-us Wed, 03 Jan 2024 00:00:00 +0530 Fri, 05 Jan 2024 08:46:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447794 Redemption fine on confiscated imported goods must remain proportionate and within the statutory ceiling of market value less duty payable; on the facts, the fine was reduced as the earlier amount was found excessive. The penalty issue turned on the continued finding of improper import and the absence of any basis for complete waiver, so the reduced penalty was left undisturbed. The note reiterates that confiscation-related monetary consequences must reflect the admitted facts and cannot be arbitrary or disproportionate. Case-Laws Customs Wed, 03 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447794