https://www.taxtmi.com/caselaws?id=449829 High Court allowed the writ and directed release of the seized foreign currency on payment of the redemption fine and penalty imposed by the Appellate Commissioner within 30 days. The HC held confiscation under ss.113(d), 113(e) and 113(h) Customs Act, 1962 was legally available for undeclared export of foreign currency, but the Adjudicating Authority's discretion under s.125 to accept redemption in lieu of confiscation was properly exercised by the Appellate Commissioner, and that exercise of discretion would not be disturbed. en-us Mon, 19 Feb 2024 00:00:00 +0530 Thu, 11 Sep 2025 13:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449829 High Court allowed the writ and directed release of the seized foreign currency on payment of the redemption fine and penalty imposed by the Appellate Commissioner within 30 days. The HC held confiscation under ss.113(d), 113(e) and 113(h) Customs Act, 1962 was legally available for undeclared export of foreign currency, but the Adjudicating Authority's discretion under s.125 to accept redemption in lieu of confiscation was properly exercised by the Appellate Commissioner, and that exercise of discretion would not be disturbed. Case-Laws Customs Mon, 19 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449829