law: Custom Act, 1962 
  125.
  
  OPTION TO PAY FINE IN LIEU OF CONFISCATION. – 
  (1)
  
  Whenever confiscation of any goods is authorised by this act, the officer
  
  adjudging it may, in the case of any goods, the importation or exportation
  
  whereof is prohibited under this Act or under any other law for the time being
  
  in force, and shall, in the case of any other goods, give to the owner of the
  
  goods or, where such owner is not known, the person from whose possession or
  
  custody such goods have been seized, an option to pay in lieu of confiscation
  
  such fine as the said officer thinks fit :
  Provided
  
    that, without prejudice to the
  
  provisions of the proviso to sub-section (2) of section 115, such fine shall
  
  not exceed the market price of the goods confiscated, less in the case of
  
  imported goods the duty chargeable thereon.
  (2)
  
  Where any fine in lieu of confiscation of goods is imposed under sub-section
  
  (1), the owner of such goods or the person referred to in sub-section (1),
  
  shall, in addition, be liable to any duty and charges payable in respect of
  
  such goods.