https://www.taxtmi.com/caselaws?id=33073 Confiscated gold should not be disposed of while an appeal against the confiscation order is pending, especially where the assessee has promptly notified the authorities of the intended appeal. If the gold is nevertheless sold and redemption is later allowed, the sale proceeds are refundable without deduction of customs duty because duty arises only on actual redemption of the goods themselves. Redemption fine and penalty may still be deducted, and interest is payable on the amount wrongly withheld. en-us Wed, 03 Dec 2008 00:00:00 +0530 Mon, 20 Apr 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33073 Confiscated gold should not be disposed of while an appeal against the confiscation order is pending, especially where the assessee has promptly notified the authorities of the intended appeal. If the gold is nevertheless sold and redemption is later allowed, the sale proceeds are refundable without deduction of customs duty because duty arises only on actual redemption of the goods themselves. Redemption fine and penalty may still be deducted, and interest is payable on the amount wrongly withheld. Case-Laws Customs Wed, 03 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33073