https://www.taxtmi.com/caselaws?id=757678 The Kerala HC disposed of writ petitions regarding seized gold ornaments totaling 1647.970 grams, despite quantity discrepancies between delivery challan and actual seizure. The court ordered release of the entire seized quantity upon execution of bonds by two guarantors, who must undertake not to alienate specified properties until proceedings conclude. The court avoided determining confiscation merits, noting goods could be released upon fine payment in lieu of confiscation, considering the gold constituted petitioner's stock-in-trade. Both parties retained rights to approach the Appellate Tribunal if aggrieved by Appellate Authority proceedings. en-us Wed, 24 Jul 2024 00:00:00 +0530 Thu, 08 May 2025 13:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757678 The Kerala HC disposed of writ petitions regarding seized gold ornaments totaling 1647.970 grams, despite quantity discrepancies between delivery challan and actual seizure. The court ordered release of the entire seized quantity upon execution of bonds by two guarantors, who must undertake not to alienate specified properties until proceedings conclude. The court avoided determining confiscation merits, noting goods could be released upon fine payment in lieu of confiscation, considering the gold constituted petitioner's stock-in-trade. Both parties retained rights to approach the Appellate Tribunal if aggrieved by Appellate Authority proceedings. Case-Laws GST Wed, 24 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757678