https://www.taxtmi.com/caselaws?id=766340 The Tribunal's provisional release of seized gold bars was upheld because it found a prima facie correlation between the purchased gold and the seized goods on the basis of challans, serial numbers, authorised signatures, gate pass particulars and the packing list. The release was only provisional and was secured by conditions protecting the revenue, including a bond for the full value and a bank guarantee for 25% of the value of the seized goods. On that record, the appellate court held that the Tribunal had considered the relevant material and that no substantial question of law arose in the revenue's challenge. 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 Tribunal's provisional release of seized gold bars was upheld because it found a prima facie correlation between the purchased gold and the seized goods on the basis of challans, serial numbers, authorised signatures, gate pass particulars and the packing list. The release was only provisional and was secured by conditions protecting the revenue, including a bond for the full value and a bank guarantee for 25% of the value of the seized goods. On that record, the appellate court held that the Tribunal had considered the relevant material and that no substantial question of law arose in the revenue's challenge. Case-Laws Customs Wed, 19 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766340