https://www.taxtmi.com/highlights?id=92686 HC allowed the petition and held that redemption fines imposed under the Central Excise regime are consequential to non-payment of duty and not a distinct category of penalty outside the ambit of the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 (SVLDR Scheme). The Court concluded that payment under Section 124 of the SVLDR Scheme, and issuance of the discharge certificate, extinguishes the duty, interest and penalties, and therefore operates to waive redemption fines arising from seizure/confiscation. The Court directed that taxpayers who avail scheme benefits and pay the specified amount are entitled to waiver of redemption fines, extending the Scheme's finality to seizure/confiscation matters. en-us Sat, 20 Sep 2025 08:38:47 +0530 Sat, 20 Sep 2025 08:38:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=92686 HC allowed the petition and held that redemption fines imposed under the Central Excise regime are consequential to non-payment of duty and not a distinct category of penalty outside the ambit of the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 (SVLDR Scheme). The Court concluded that payment under Section 124 of the SVLDR Scheme, and issuance of the discharge certificate, extinguishes the duty, interest and penalties, and therefore operates to waive redemption fines arising from seizure/confiscation. The Court directed that taxpayers who avail scheme benefits and pay the specified amount are entitled to waiver of redemption fines, extending the Scheme's finality to seizure/confiscation matters. Highlights Central Excise Sat, 20 Sep 2025 08:38:47 +0530 https://www.taxtmi.com/highlights?id=92686