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![Customs Duty payable by Owner with Interest on Confiscated Goods despite Payment of Redemption Fine: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/07/Supreme-Court-Customs-Duty-Confiscated-Goods-Redemption-Fine-pay-customs-duty-with-fines-taxscan.jpg "Customs Duty payable by Owner with Interest on Confiscated Goods despite Payment of Redemption Fine: Supreme Court [Read Judgement]")
Customs Duty payable by Owner with Interest on Confiscated Goods despite Payment of Redemption Fine: Supreme Court [Read Judgement]
The Supreme Court on Tuesday ( July 23 ) held that importers must pay customs duty along with fines and other charges even after confiscated goods...
![No time limit prescribed u/s 27 for refund of Customs Penalty and Redemption Fine: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/cestat-cestat-news-cestat-allahabad-cestat-allahabad-news-section-27-of-cestat-cestat-section-27-penalty-redemption-fine-taxnews-section-27-of-customs-act-customs-act-customs-act-news-taxscan.jpg "No time limit prescribed u/s 27 for refund of Customs Penalty and Redemption Fine: CESTAT [Read Order]")
![CESTAT reduces Floor Limits of Bond and Bank Guarantee prescribed for allowing Provisional Release of Confiscated Goods [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/CESTAT-Floor-Limits-Bond-Bank-Guarantee-Confiscated-Goods-taxscan.jpg "CESTAT reduces Floor Limits of Bond and Bank Guarantee prescribed for allowing Provisional Release of Confiscated Goods [Read Order]")
![GST Dept issued SCN beyond Statutory Time Limit: Gujarat HC releases Confiscated Cash & Goods [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/GST-Dept-SCN-Statutory-Time-Limit-Gujarat-HC-Confiscated-Cash-Goods-Taxscan.jpg "GST Dept issued SCN beyond Statutory Time Limit: Gujarat HC releases Confiscated Cash & Goods [Read Order]")
![GST: Officer empowered to possess Confiscated Goods, if option to Pay Fine in addition to Tax payable, Penalty is not exercised, says Karnataka HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/GST-Officer-confiscated-goods-tax-payable-penalty-Karnataka-High-Court-Taxscan.jpg "GST: Officer empowered to possess Confiscated Goods, if option to Pay Fine in addition to Tax payable, Penalty is not exercised, says Karnataka HC [Read Order]")
Govt can retain Sale Proceeds of Confiscated Goods If Redemption Fine Not Paid: Delhi HC [Read Judgment]
While overruling a two-judge bench decision rendered in the case of MMTC Vs. Surjit Singh Kanda, the Delhi High Court has held that where the redemption fine in lieu of confiscation is not paid within...
![Govt can retain Sale Proceeds of Confiscated Goods If Redemption Fine Not Paid: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/04/Confiscated-Goods-Delhi-High-Court-Taxscan.jpg "Govt can retain Sale Proceeds of Confiscated Goods If Redemption Fine Not Paid: Delhi HC [Read Judgment]")
No Rebate/Discount for Sale through E-Auction of Confiscated Goods to NCCF, Kendriya Bhandar etc: CBEC [Read Circular]
The Central Board of Excise & Customs, recently issued a circular regarding instructions to its officials with respect to disposal of confiscated goods through NCCF/ Kendriya Bhandar and other...
