https://www.taxtmi.com/caselaws?id=48962 The Tribunal concluded that authorities under Section 125 of the Customs Act can confiscate goods, impose a redemption fine, and allow re-export. The Larger Bench resolved conflicting views by affirming that re-export does not negate the authority's power to impose fines. In a specific case involving semi-precious stones, the Tribunal overturned the adjudicating authority's decision, allowing the appeal after finding the authority failed to consider evidence of negotiated prices. The Tribunal's decision clarified that redemption and re-export can be ordered separately, aligning with legal precedents. en-us Mon, 16 Jun 2003 00:00:00 +0530 Wed, 01 Apr 2026 10:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48962 The Tribunal concluded that authorities under Section 125 of the Customs Act can confiscate goods, impose a redemption fine, and allow re-export. The Larger Bench resolved conflicting views by affirming that re-export does not negate the authority's power to impose fines. In a specific case involving semi-precious stones, the Tribunal overturned the adjudicating authority's decision, allowing the appeal after finding the authority failed to consider evidence of negotiated prices. The Tribunal's decision clarified that redemption and re-export can be ordered separately, aligning with legal precedents. Case-Laws Customs Mon, 16 Jun 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48962