Q 422. After confiscation, is it required to give option to the person to redeem the goods?


Ans.   Yes.  In  terms  of  section  70(6),  the  Owner  or  the person in-charge of the goods liable to confiscation is to be given the option for fine (not exceeding market price of confiscated goods) in lieu of confiscation. This fine shall be in addition to the tax and other charges payable in respect of such…

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