https://www.taxtmi.com/caselaws?id=767407 CESTAT New Delhi-AT allowed appeal for provisional release of 53 kgs gold seized by DRI. Appellant imported gold under Advance Authorization but couldn't fulfill export obligation within 120 days due to seizure on 17.08.2020. Delhi HC directed appellant could apply for license extension after show cause notice adjudication. Commissioner's finding that premises lacked fully mechanized jewelry manufacturing machines was unsupported by evidence, as panchanama showed two machines present. CESTAT found prima facie merit that gold bars were in declared premises and shouldn't have been seized, setting aside Commissioner's order dated 01.05.2024. en-us Mon, 17 Mar 2025 00:00:00 +0530 Tue, 18 Mar 2025 08:35:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767407 CESTAT New Delhi-AT allowed appeal for provisional release of 53 kgs gold seized by DRI. Appellant imported gold under Advance Authorization but couldn't fulfill export obligation within 120 days due to seizure on 17.08.2020. Delhi HC directed appellant could apply for license extension after show cause notice adjudication. Commissioner's finding that premises lacked fully mechanized jewelry manufacturing machines was unsupported by evidence, as panchanama showed two machines present. CESTAT found prima facie merit that gold bars were in declared premises and shouldn't have been seized, setting aside Commissioner's order dated 01.05.2024. Case-Laws Customs Mon, 17 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767407