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of <h1>Tribunal orders payment based on gold's seizure date value in execution application</h1> The Tribunal ruled in favor of the Department, ordering payment based on the gold's value on the seizure date rather than the market value on the order ... Confiscation and redemption The case involves an application for execution of a Tribunal order allowing redemption of gold on payment of a fine. The petitioner sought market value of gold on the order date, but the Department agreed to pay value on the seizure date. The Tribunal ruled in favor of the Department, ordering payment based on the seizure date.
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