https://www.taxtmi.com/caselaws?id=272730 Indian currency seized under the Foreign Exchange Regulation Act, 1973 was treated as a document for Sections 33, 34 and 36 to 41. The Act allowed retention of such seized material for no more than one year unless proceedings under Section 51 or Section 56 were commenced before that period expired. The text states that no such proceedings were started within one year, and a later show cause notice did not cure the defect. Section 53(1)(b) did not extend the retention power, and the Customs Act could not override the Act's express time limit. On that reasoning, continued retention beyond one year was unlawful and return of the currency was warranted. en-us Tue, 12 Feb 1985 00:00:00 +0530 Tue, 15 May 2018 17:37:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272730 Indian currency seized under the Foreign Exchange Regulation Act, 1973 was treated as a document for Sections 33, 34 and 36 to 41. The Act allowed retention of such seized material for no more than one year unless proceedings under Section 51 or Section 56 were commenced before that period expired. The text states that no such proceedings were started within one year, and a later show cause notice did not cure the defect. Section 53(1)(b) did not extend the retention power, and the Customs Act could not override the Act's express time limit. On that reasoning, continued retention beyond one year was unlawful and return of the currency was warranted. Case-Laws FEMA Tue, 12 Feb 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272730