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Customs - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Relevant date for fixing redemption fine - seizure of Gold - ...

Case Laws     Customs

March 19, 2019

Relevant date for fixing redemption fine - seizure of Gold - when the redemption fine is imposed, the relevant date for fixing the redemption fine should be the market value of the goods prevailing at the time of seizure and not at the time of passing the order.

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