Petition dismissed: Gold released by Customs Department cannot be granted relief against provisional attachment order. ED can proceed. https://www.taxtmi.com/highlights?id=78286 The High Court held that the petitioner cannot obtain relief against the provisional attachment order u/s PMLA. The court noted that the gold was released by the Customs Department based on authorization u/s SEZ Act before its suspension. The release of gold did not impact the Enforcement Directorate's proceedings to recover crime proceeds. The provisional order must be finalized within 180 days u/s 8 of the Act, with the deadline set for 27.07.2024. The petition was dismissed. en-us Sat, 08 Jun 2024 09:04:51 +0530 Sat, 08 Jun 2024 09:04:51 +0530 TaxTMI RSS Generator Petition dismissed: Gold released by Customs Department cannot be granted relief against provisional attachment order. ED can proceed. https://www.taxtmi.com/highlights?id=78286 The High Court held that the petitioner cannot obtain relief against the provisional attachment order u/s PMLA. The court noted that the gold was released by the Customs Department based on authorization u/s SEZ Act before its suspension. The release of gold did not impact the Enforcement Directorate's proceedings to recover crime proceeds. The provisional order must be finalized within 180 days u/s 8 of the Act, with the deadline set for 27.07.2024. The petition was dismissed. Highlights Customs Sat, 08 Jun 2024 09:04:51 +0530 https://www.taxtmi.com/highlights?id=78286