https://www.taxtmi.com/caselaws?id=778666 HC held that a redemption fine imposed for release of seized goods is a consequence of non-payment of excise duty and not a separate category of penalty for purposes of the SVLDR Scheme. Once duty is settled under the Scheme and the taxpayer pays the stipulated amount, the discharge certificate waives duty, interest and penalties, and this waiver extends to redemption fines arising from seizure/confiscation. The Court concluded that excluding redemption fines would defeat the Scheme's purpose of finality, and therefore the petitioner is entitled to relief under the SVLDR Scheme. en-us Mon, 08 Sep 2025 00:00:00 +0530 Fri, 19 Sep 2025 12:28:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778666 HC held that a redemption fine imposed for release of seized goods is a consequence of non-payment of excise duty and not a separate category of penalty for purposes of the SVLDR Scheme. Once duty is settled under the Scheme and the taxpayer pays the stipulated amount, the discharge certificate waives duty, interest and penalties, and this waiver extends to redemption fines arising from seizure/confiscation. The Court concluded that excluding redemption fines would defeat the Scheme's purpose of finality, and therefore the petitioner is entitled to relief under the SVLDR Scheme. Case-Laws Central Excise Mon, 08 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778666