https://www.taxtmi.com/caselaws?id=87190 Where confiscated silver had already been sent to the Mint and sold, the Tribunal applied the Ministry's disposal instructions and held that the revenue authorities had acted without negligence or mala fides. Because the silver was no longer available when the appellate proceedings were finalised, the respondents could not claim its later seizure or market value on rectification. Relief was therefore limited to refund of the sale proceeds actually realised and credited to the Government account, not to the seizure value or any later valuation. en-us Mon, 07 Jul 1997 00:00:00 +0530 Sat, 03 Sep 2011 13:11:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87190 Where confiscated silver had already been sent to the Mint and sold, the Tribunal applied the Ministry's disposal instructions and held that the revenue authorities had acted without negligence or mala fides. Because the silver was no longer available when the appellate proceedings were finalised, the respondents could not claim its later seizure or market value on rectification. Relief was therefore limited to refund of the sale proceeds actually realised and credited to the Government account, not to the seizure value or any later valuation. Case-Laws Customs Mon, 07 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87190