https://www.taxtmi.com/caselaws?id=43310 The Supreme Court upheld the order imposing penalty but remitted the case to the Collector of Customs to consider allowing the importers to redeem confiscated goods by paying a fine not exceeding the goods' market value. The court noted the failure to provide the importers with the option to redeem the goods and directed the modification of the order to address this issue. The appeals were dismissed, with the modification allowing the importers the opportunity to pay a fine in lieu of confiscation. en-us Tue, 06 Jan 1987 00:00:00 +0530 Tue, 21 Jul 2026 11:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43310 The Supreme Court upheld the order imposing penalty but remitted the case to the Collector of Customs to consider allowing the importers to redeem confiscated goods by paying a fine not exceeding the goods' market value. The court noted the failure to provide the importers with the option to redeem the goods and directed the modification of the order to address this issue. The appeals were dismissed, with the modification allowing the importers the opportunity to pay a fine in lieu of confiscation. Case-Laws Customs Tue, 06 Jan 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43310