Definitions of remit
to cancel a debt or a punishment; to avoid enforcing or inflicting a debt or a punishment
The total term of detention beyond two years shall be deemed to be remitted.
to release or give back
The consignment agreement required the retailer to remit any payment from the sale of the goods to the owner.
to send a case back to a lower court (eg the trial court); to refer a case to another court, tribunal or decision maker
The High court refused to remit the case.