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of <h1>Court Remands Case on Used Car Confiscation for Reassessment; Section 125 of Customs Act Involved for Redemption Option.</h1> The case involves the legality of confiscating an imported used car due to policy violations, including the rejection of declared value and redetermination of assessable value. The adjudicating authority's reliance on a Chartered Engineer's report, deemed speculative, led to the rejection of the declared value without proper consideration of the importer's submissions. The car's importation was not prohibited, and the violation pertained to policy restrictions. The case has been remanded for reassessment, allowing the importer an option for redemption under Section 125 of the Customs Act, 1962, with potential penalties to be re-evaluated.
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