https://www.taxtmi.com/caselaws?id=766340 The Calcutta HC dismissed the revenue's appeal under Section 130 of the Customs Act, 1962, challenging the Tribunal's order for the provisional release of seized gold bars. The Tribunal had found the respondent established prima facie ownership and lawful acquisition of the gold bars. The HC agreed with the Tribunal's assessment that the evidence was adequately considered and found no substantial questions of law. Consequently, the HC upheld the Tribunal's decision, ordering the release of the gold bars to the respondent within three weeks, subject to conditions including a bond and bank guarantee. en-us Wed, 19 Feb 2025 00:00:00 +0530 Sat, 22 Feb 2025 08:47:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766340 The Calcutta HC dismissed the revenue's appeal under Section 130 of the Customs Act, 1962, challenging the Tribunal's order for the provisional release of seized gold bars. The Tribunal had found the respondent established prima facie ownership and lawful acquisition of the gold bars. The HC agreed with the Tribunal's assessment that the evidence was adequately considered and found no substantial questions of law. Consequently, the HC upheld the Tribunal's decision, ordering the release of the gold bars to the respondent within three weeks, subject to conditions including a bond and bank guarantee. Case-Laws Customs Wed, 19 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766340