2018 (1) TMI 1612 - HC - Customs

The appeal is admitted on the following substantial question of law (a) Whether the Tribunal was justified under the law in upholding the order passed by the Commissioner, in which the Commissioner did not exercise his powers of giving option to redeem the seized currency or to confiscate the same absolutely, under Section 125 of the Customs Act, 1962 in lawful manner and without considering the options and giving justification for his action of not giving an option to redeem the seized currency on payment of redemption fine, as was the practice prevalent during the material time? Bearing in mind the limited controversy, the hearing of the appeal is expedited.

Summary

The High Court of Bombay admitted an appeal based on a substantial question of law regarding the justification of upholding an order related to the Customs Act, 1962. The appeal questions whether the Commissioner properly exercised powers to either redeem or confiscate seized currency under Section 125. The court expedited the hearing due to the limited controversy.