https://www.taxtmi.com/caselaws?id=188749 The High Court granted bail to the petitioner in a case involving an offense under Section 135 of the Customs Act, 1962. Despite the Customs Authorities citing a higher value of smuggled gold, the Court found the actual value within the statutory limit. The petitioner was directed to furnish a bond of &8377;20,000 with two sureties of &8377;10,000 each, one being local, for release. The Court's decision was based on the discrepancy in the value of seized gold and the provisions of Section 135, leading to the petitioner's successful bail application. en-us Wed, 25 Feb 2015 00:00:00 +0530 Tue, 10 Jan 2017 11:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188749 The High Court granted bail to the petitioner in a case involving an offense under Section 135 of the Customs Act, 1962. Despite the Customs Authorities citing a higher value of smuggled gold, the Court found the actual value within the statutory limit. The petitioner was directed to furnish a bond of &8377;20,000 with two sureties of &8377;10,000 each, one being local, for release. The Court's decision was based on the discrepancy in the value of seized gold and the provisions of Section 135, leading to the petitioner's successful bail application. Case-Laws Customs Wed, 25 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188749