redemption fine Archives

Delhi High Court: Failure to redeem confiscated gold bars within stipulated period cannot be attributed to petitioner where Customs failed to quantify applicable duty

Delhi High Court directs Customs to quantify duty and release 12 confiscated gold bars, holding petitioner cannot be blamed for delayed redemption where duty was not quantified.

Case Briefs High Courts

Delayed Show Cause notice by Customs — Is the Owner of goods still liable for redemption fine, penalty or interest? Delhi HC answers

The Court considered how the timing of a Show Cause Notice by Customs Department impacts the owner’s liability.

Case Briefs Tribunals/Commissions/Regulatory Bodies

‘Releasing prohibited goods without fine is not a valid option’; CESTAT upholds order directing to pay redemption fine and penalty on re-export of prohibited goods

The Tribunal stated that no court has held that prohibited goods were to be released for re-export without payment of redemption fine. Such a stance would encourage importers smuggling/making improper import of goods, to take a chance with the law and if caught, request for re-export without a fine.

Case Briefs Tribunals/Commissions/Regulatory Bodies

CESTAT | Redemption fine imposed on appellant for violating FSSAI regulations not maintainable; order to re-export goods sustained

Custom, Excise and Service Tax Appellant Tribunal (CESTAT), Chennai: Sulekha Beevi C.S. (Judicial Member) modified the order of the Commissioner (Appeals) in