Customs duty and interest payable even when confiscated goods are redeemed after payment of fine: Supreme Court

Navayuga Engineering Co. Ltd. Vs Union of India & Anr. (Supreme Court of India) Supreme Court held that owner of the goods has liability to pay customs duty and interest even after confiscated goods are redeemed after payment of fine and other charges under section 125 of the Customs Act. Facts- The appellant availed the benefit of exemption from payment of customs duty under a notification dated 01.03.2002, as per which certain self-propelled hydraulic piling rigs were to be utilised exclusively for the construction of roads, bridges etc. for NHAI and PWD. When investigations revealed tha...