Attachment and proclamation of sale of immovable property: limitation treated from financial year end; proclamation held within period, petition dismi...
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Limitation for final assessment under sections 144C and 153 treated jointly, resulting in quashing of timebarred assessment order and liberty to reviv...
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The High Court held that the adjudication order, as modified by the appellate order, remained binding on departmental officers and could not be disregarded in the absence of any stay from the Tribunal. As the duty, redemption fine and penalties had already been deposited, the Revenue's interest stood secured and there was no legal basis to continue detention of the confiscated goods. The Court therefore directed release of the goods for re-export upon confirmation that the deposited amount had been credited to the Government treasury.
The High Court held that the adjudication order, as modified by the appellate order, remained binding on departmental officers and could not be disregarded in the absence of any stay from the Tribunal. As the duty, redemption fine and penalties had already been deposited, the Revenue's interest stood secured and there was no legal basis to continue detention of the confiscated goods. The Court therefore directed release of the goods for re-export upon confirmation that the deposited amount had been credited to the Government treasury.
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