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Customs - Highlights / Catch Notes

Home Highlights April 2019 Year 2019 This

Where the redemption fine in lieu of confiscation is not paid ...

Case Laws     Customs

April 26, 2019

Where the redemption fine in lieu of confiscation is not paid within the time stipulated, the Central Government is entitled to retain the excess auction sale proceeds of the confiscated goods, after adjustment of the duty, penalty, interest and other statutory dues.

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