No Concealment / Smuggling of Gold: Madras HC allows the Release of Gold seized from NRI for Non-declaration on Payment of Fine [Read Order]

By Taxscan Team - On July 27, 2022 6:25 pm - 2 mins read
Smuggling - Gold - Madras HC - Payment - Fine - taxscan

The Madras High Court has recently allowed a Non-Resident Indian to release the gold seized by the customs department for non-declaration holding that the same can be released as per section 125 of the Customs Act, 1962. The petitioner, a NRI working in Singapore travelled to India after five and half years and carried 150…

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