Withholding of Gold Imported without Customs Duty Payment: Madras HC directs to Release Goods after paying Duty [Read Order]

Withholding - Gold Imported - Customs Duty Payment - Madras High Court Release Goods - paying Duty - taxscan

In a significant case, the Madras High Court directed the customs authority to release the detained gold Imported without Customs Duty Payment after paying 100% duty. M/s.Mudra Precious Metals Pvt. Ltd., the petitioner prayed to direct the respondents to release the goods, viz. Gold Dore Bars of Guinea imported, by extending the Benefit of Sl.No….

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