https://www.taxtmi.com/caselaws?id=449366 Bombay HC directed customs authorities to reconsider petitioner's representations regarding seized foreign marked gold bars within six months, without being influenced by the original order dated 13th January 2023. The court noted that the Show Cause Notice failed to consider petitioner's email claiming ownership of the gold. Status quo must be maintained regarding the seized gold until decision is made. If petitioner proves ownership, authorities must restore the gold, equivalent amount, or compensate at current market value. Personal hearing must be provided before deciding the representations. Petition disposed of. en-us Tue, 30 Jan 2024 00:00:00 +0530 Sat, 10 Feb 2024 07:44:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449366 Bombay HC directed customs authorities to reconsider petitioner's representations regarding seized foreign marked gold bars within six months, without being influenced by the original order dated 13th January 2023. The court noted that the Show Cause Notice failed to consider petitioner's email claiming ownership of the gold. Status quo must be maintained regarding the seized gold until decision is made. If petitioner proves ownership, authorities must restore the gold, equivalent amount, or compensate at current market value. Personal hearing must be provided before deciding the representations. Petition disposed of. Case-Laws Customs Tue, 30 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449366