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2017 (9) TMI 1651 - AT - CustomsRelease of goods on payment of redemption fine - Gold - Section 125 of the Customs Act, 1962 - Held that: - Only prohibited goods cannot be released on payment of redemption fine. Admittedly, the gold in question is not prohibited goods under the Customs Act or any other law in force - the goods in question cannot be absolutely confiscated in terms of Section 125 of the Customs Act, 1962 - appeal dismissed - decided against Revenue.
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