https://www.taxtmi.com/caselaws?id=47822 Imported goods found to be prohibited and liable to confiscation under the Customs Act may attract redemption fine under section 125 even where the importer seeks re-export. The statutory scheme treats the fine as the price for redeeming confiscation, and that option is available whenever confiscation is authorised; it is not confined to cases of home consumption clearance. Goods confiscated under section 111 vest in the Central Government under section 126 unless redeemed by payment of fine, and the absence of mens rea does not prevent confiscation. Re-export therefore does not exclude liability to pay redemption fine. en-us Thu, 08 Sep 2005 00:00:00 +0530 Sat, 31 Jul 2010 10:59:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47822 Imported goods found to be prohibited and liable to confiscation under the Customs Act may attract redemption fine under section 125 even where the importer seeks re-export. The statutory scheme treats the fine as the price for redeeming confiscation, and that option is available whenever confiscation is authorised; it is not confined to cases of home consumption clearance. Goods confiscated under section 111 vest in the Central Government under section 126 unless redeemed by payment of fine, and the absence of mens rea does not prevent confiscation. Re-export therefore does not exclude liability to pay redemption fine. Case-Laws Customs Thu, 08 Sep 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47822