https://www.taxtmi.com/caselaws?id=54783 Redemption fine cannot be imposed in lieu of confiscation when the goods are unavailable for confiscation, because they cannot be redeemed and the basis for such fine does not survive. The redemption fine was therefore deleted. Penalty equal to the duty demand under the Customs Act may be reduced where it is harsh in the circumstances. Applying this principle, the penalty was substantially reduced, and the order was modified in favour of the assessee. en-us Fri, 23 Sep 2005 00:00:00 +0530 Fri, 22 Oct 2010 10:29:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54783 Redemption fine cannot be imposed in lieu of confiscation when the goods are unavailable for confiscation, because they cannot be redeemed and the basis for such fine does not survive. The redemption fine was therefore deleted. Penalty equal to the duty demand under the Customs Act may be reduced where it is harsh in the circumstances. Applying this principle, the penalty was substantially reduced, and the order was modified in favour of the assessee. Case-Laws Customs Fri, 23 Sep 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54783