2017 (3) TMI 834

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..... hipping bills were exported long back and the goods were not available for confiscation. It is settled law that in the absence of goods available for confiscation redemption fine u/s 125 of the CA, 1962 is not imposable as the said redemption fine is in lieu of confiscation - the impugned order is correct, legal and does not require any interference - appeal dismissed - decided against Revenue. - .....

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..... ue is aggrieved that the adjudicating authority having held that the goods which were exported were ordered to be confiscated, but has not imposed any redemption fine in lieu of confiscated goods. 4. Learned Authorised Representative submits that the goods were brought in for export and it was found that there was gross over-valuation which has been upheld by the adjudication order and the expo .....

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..... t is undisputed that the goods against 69 shipping bills were exported long back and the goods were not available for confiscation. It is settled law that in the absence of goods available for confiscation redemption fine under Section 125 of the Customs Act, 1962 is not imposable as the said redemption fine is in lieu of confiscation. On confiscation of the goods, the confiscated goods are the pr .....

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