https://www.taxtmi.com/caselaws?id=53392 The Tribunal ruled in favor of the appellants, stating that duty liability under Section 125(2) of the Customs Act, 1962 does not arise if the redemption option is not pursued. The judgment emphasized that duty payment is integral to confiscation proceedings and clarified the distinct nature of duty liability under Section 125(2) compared to Section 28(1). The appellants' appeal was disposed of as the penalty was paid, and they did not opt for redemption, highlighting the importance of meeting prescribed conditions for benefit under notifications. en-us Fri, 13 Aug 2004 00:00:00 +0530 Wed, 13 Oct 2010 11:46:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53392 The Tribunal ruled in favor of the appellants, stating that duty liability under Section 125(2) of the Customs Act, 1962 does not arise if the redemption option is not pursued. The judgment emphasized that duty payment is integral to confiscation proceedings and clarified the distinct nature of duty liability under Section 125(2) compared to Section 28(1). The appellants' appeal was disposed of as the penalty was paid, and they did not opt for redemption, highlighting the importance of meeting prescribed conditions for benefit under notifications. Case-Laws Customs Fri, 13 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53392