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of <h1>Supreme Court Clarifies Customs Duty and Interest on Redeemed Confiscated Goods u/ss 125, 28, and 28AB.</h1> The article analyzes a Supreme Court judgment on customs duty, interest, and confiscation proceedings under the Customs Act. It examines whether customs duty and interest apply when goods are redeemed after confiscation. The court found that duty liability arises under Section 125 when goods are redeemed, not from Sections 12 or 28. However, the assessment of duty can be done under Section 28, making the interest provision under Section 28AB applicable. The court upheld the High Court's decision, affirming the imposition of duty and interest, clarifying the interplay between Sections 125, 28, and 28AB, and ensuring consistent application in future cases.
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