https://www.taxtmi.com/caselaws?id=765400 The Madras HC held that gold import is restricted but not prohibited, requiring appropriate customs duty payment regardless of whether worn or carried in baggage. The court ruled that absolute confiscation under Section 125 of the Customs Act, 1962 was improper without offering redemption option to the owner. Since the goods were not inherently prohibited, absolute confiscation was not mandatory. The impugned order dated 25.10.2021 rejecting redemption request was set aside. The case was remitted to Joint Commissioner of Customs to impose redemption fine under Section 125. Petition allowed. en-us Thu, 02 Jan 2025 00:00:00 +0530 Fri, 31 Jan 2025 07:54:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765400 The Madras HC held that gold import is restricted but not prohibited, requiring appropriate customs duty payment regardless of whether worn or carried in baggage. The court ruled that absolute confiscation under Section 125 of the Customs Act, 1962 was improper without offering redemption option to the owner. Since the goods were not inherently prohibited, absolute confiscation was not mandatory. The impugned order dated 25.10.2021 rejecting redemption request was set aside. The case was remitted to Joint Commissioner of Customs to impose redemption fine under Section 125. Petition allowed. Case-Laws Customs Thu, 02 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765400