1996 (7) TMI 227 - AT - Customs

Summary

The currency sent from the UK to India was seized and confiscated under the Customs Act for contravention of FERA. The appellants claimed it was for family expenses and had sought RBI permission. The Tribunal found the confiscation unwarranted and directed redemption on payment of a fine of Rs. 2,500, with a requirement for an RBI No objection certificate. The appeal was allowed in these terms.