2011 (7) TMI 634 - AT - Customs

Confiscation of imported goods u/s 111(j) and 111(o) of the Customs Act - non-imposition of Redemption fine - Held that - Importer has to pay fine in lieu of confiscation as per Section 125 of the Customs Act. Order modified. See Weston Components Ltd (2000 - TMI - 45345 - SUPREME COURT OF INDIA)

Summary

The Appellate Tribunal CESTAT, Delhi ruled in favor of the Revenue in an appeal against the Commissioner of Central Excise's order. The imported goods worth Rs. 1,22,79,009/- were liable to confiscation under Sections 111(j) and 111(o) of the Customs Act. A fine of Rs. 25 lakhs was imposed on the importer in lieu of confiscation. The decision was based on the provision in Section 125 of the Customs Act.