2018 (2) TMI 1886 - HC - Customs

The Tax appeal is admitted for consideration of the substantial question of law - Whether the CESTAT was right in law and in facts of the case to order release of the seized gold on payment of redemption fine of ₹ 40 lacs?

Summary

The Gujarat High Court admitted a tax appeal to consider the question of whether the CESTAT was correct in ordering the release of seized gold upon payment of a redemption fine of Rs. 40 lakhs.