https://www.taxtmi.com/caselaws?id=433162 The High Court upheld the Customs Department's jurisdiction over offenses related to the movement of gold from the SEZ to the DTA, reversing CESTAT's decision. Confiscations and penalties imposed by the Customs Department were reinstated, except for 4 kg of gold awaiting release at the Air Cargo Complex. The court directed the Customs Department to release the gold upon compliance with procedural requirements. Penalties and authorization cancellation under the SEZ Act were remitted for reconsideration due to lack of a fair opportunity for the importer to present their case. en-us Thu, 22 Dec 2022 00:00:00 +0530 Sat, 21 Jan 2023 15:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433162 The High Court upheld the Customs Department's jurisdiction over offenses related to the movement of gold from the SEZ to the DTA, reversing CESTAT's decision. Confiscations and penalties imposed by the Customs Department were reinstated, except for 4 kg of gold awaiting release at the Air Cargo Complex. The court directed the Customs Department to release the gold upon compliance with procedural requirements. Penalties and authorization cancellation under the SEZ Act were remitted for reconsideration due to lack of a fair opportunity for the importer to present their case. Case-Laws Customs Thu, 22 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433162