https://www.taxtmi.com/caselaws?id=437867 Valuation of seized gold for customs duty must follow the statutory valuation scheme and applicable valuation date, and not the date of confiscation; this rule governs duty assessment, while redemption fine valuation is a separate regime limited by market price as on confiscation, thereby preserving distinct valuation methodologies for duty and for redemption fine and resulting in affirmation of the duty demand under the valuation-date provisions. en-us Thu, 20 Apr 2023 00:00:00 +0530 Fri, 30 Jan 2026 13:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437867 Valuation of seized gold for customs duty must follow the statutory valuation scheme and applicable valuation date, and not the date of confiscation; this rule governs duty assessment, while redemption fine valuation is a separate regime limited by market price as on confiscation, thereby preserving distinct valuation methodologies for duty and for redemption fine and resulting in affirmation of the duty demand under the valuation-date provisions. Case-Laws Customs Thu, 20 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437867