https://www.taxtmi.com/caselaws?id=799746 Section 125 of the Customs Act, 1962 treats redemption of prohibited goods as discretionary, unlike redemption of other goods, which is mandatory. That discretion must be exercised judiciously on the facts and cannot be refused mechanically solely because goods are prohibited. Where there is no serious or prior violation and the imposed penalty is paid, redemption of confiscated gold jewellery should be permitted. The redemption fine must be determined consistently with applicable principles and cannot exceed the market price less applicable duty. en-us Thu, 10 Sep 2026 00:00:00 +0530 Sat, 26 Sep 2026 08:31:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799746 Section 125 of the Customs Act, 1962 treats redemption of prohibited goods as discretionary, unlike redemption of other goods, which is mandatory. That discretion must be exercised judiciously on the facts and cannot be refused mechanically solely because goods are prohibited. Where there is no serious or prior violation and the imposed penalty is paid, redemption of confiscated gold jewellery should be permitted. The redemption fine must be determined consistently with applicable principles and cannot exceed the market price less applicable duty. Case-Laws Customs Thu, 10 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799746