Confiscation of 3.5 kg of Gold Bars Seized u/s 111 of Customs Act: Allahabad HC dismisses Revenue Appeals due to Low Monetary Limit [Read Order]

The court held that the lack of disclosure regarding the revenue implications made it impossible to determine if the appeals met the government's monetary threshold for pursuing litigation
By Ashkar Tovarishch - On June 22, 2024 7:35 am - 2 mins read
Allahabad HC - Revenue Appeals - Gold Bars Seized - Confiscation of Gold Bars - Low Monetary Limit - taxscan

The Allahabad High Court dismissed appeals challenging an order by the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) which had set aside the confiscation of 3.5 kg of gold bars valued at Rs. 1,03,25,000/- initially seized by the Customs Authority under Section 111 of the Customs Act, 1962. In 2018, customs authorities…

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