https://www.taxtmi.com/caselaws?id=81895 The Tribunal ordered the Collector of Customs (Preventive), West Bengal, and the Assistant Collector of Customs, Krishnagar Customs Division, to pay Rs. 1,66,170/- to the applicant as the market price of the goods by 1st September 1992. This decision aimed to compensate the applicant for the pecuniary loss due to the wrongful seizure and sale of the goods, aligning with the principle that the market value should be the value determined by the department at the time of seizure. en-us Mon, 01 Jun 1992 00:00:00 +0530 Wed, 29 Jun 2011 16:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81895 The Tribunal ordered the Collector of Customs (Preventive), West Bengal, and the Assistant Collector of Customs, Krishnagar Customs Division, to pay Rs. 1,66,170/- to the applicant as the market price of the goods by 1st September 1992. This decision aimed to compensate the applicant for the pecuniary loss due to the wrongful seizure and sale of the goods, aligning with the principle that the market value should be the value determined by the department at the time of seizure. Case-Laws Customs Mon, 01 Jun 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81895