https://www.taxtmi.com/caselaws?id=449533 Bombay HC directed respondents to decide petitioner's representations regarding ownership of 32.380 kgs of confiscated gold within six months, without being influenced by the original confiscation order dated 13th January, 2023. Court ordered status-quo maintenance of the gold until decision and mandated personal hearing for petitioner. If petitioner proves ownership, respondents must restore the gold, equivalent amount, or compensate at current market value. Petition disposed of with directions for fresh consideration of ownership claims. en-us Tue, 30 Jan 2024 00:00:00 +0530 Wed, 14 Feb 2024 05:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449533 Bombay HC directed respondents to decide petitioner's representations regarding ownership of 32.380 kgs of confiscated gold within six months, without being influenced by the original confiscation order dated 13th January, 2023. Court ordered status-quo maintenance of the gold until decision and mandated personal hearing for petitioner. If petitioner proves ownership, respondents must restore the gold, equivalent amount, or compensate at current market value. Petition disposed of with directions for fresh consideration of ownership claims. Case-Laws Customs Tue, 30 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449533