https://www.taxtmi.com/caselaws?id=73414 Where gold was absolutely confiscated in adjudication, title vested in the Government, which could lawfully deal with the goods unless the confiscation was stayed. On that basis, and in the absence of any material showing departmental knowledge of a pending appeal, the petitioner could not claim the gold's market value as on the date of the Tribunal's order. The cited authority was distinguished because the confiscation there had itself been set aside and the timing of disposal to the Mint was unclear. The relevant compensation value was held to be the value on the date of seizure. en-us Tue, 03 Nov 1987 00:00:00 +0530 Tue, 31 May 2011 17:30:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73414 Where gold was absolutely confiscated in adjudication, title vested in the Government, which could lawfully deal with the goods unless the confiscation was stayed. On that basis, and in the absence of any material showing departmental knowledge of a pending appeal, the petitioner could not claim the gold's market value as on the date of the Tribunal's order. The cited authority was distinguished because the confiscation there had itself been set aside and the timing of disposal to the Mint was unclear. The relevant compensation value was held to be the value on the date of seizure. Case-Laws Customs Tue, 03 Nov 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73414