https://www.taxtmi.com/caselaws?id=769022 The Madras HC dismissed a writ petition challenging denial of option to pay fine under Section 125 of Customs Act, 1962 in lieu of confiscation. The case involved gold bars exceeding permissible limits, which the court distinguished from previous cases involving gold jewelry within permissible limits. The HC held that authorities correctly denied the fine option, noting that petitioners concealed prohibited quantities of gold bars. The court found earlier contrary decisions were per-incuriam for not considering established legal precedent and ruled no grounds existed for interference under Article 226. en-us Fri, 04 Apr 2025 00:00:00 +0530 Thu, 17 Apr 2025 10:39:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769022 The Madras HC dismissed a writ petition challenging denial of option to pay fine under Section 125 of Customs Act, 1962 in lieu of confiscation. The case involved gold bars exceeding permissible limits, which the court distinguished from previous cases involving gold jewelry within permissible limits. The HC held that authorities correctly denied the fine option, noting that petitioners concealed prohibited quantities of gold bars. The court found earlier contrary decisions were per-incuriam for not considering established legal precedent and ruled no grounds existed for interference under Article 226. Case-Laws Customs Fri, 04 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769022