https://www.taxtmi.com/caselaws?id=773865 The HC dismissed Revenue's Custom References challenging CESTAT's order setting aside confiscation of gold bars worth Rs. 1.57 Crore and penalties imposed on five respondents. The court held appeals were not maintainable under Union of India's litigation policy restricting Revenue appeals below Rs. 1 Crore monetary threshold. Despite collective seizure value exceeding Rs. 1 Crore, the court applied individual apportionment from the Revenue's own Inventory, showing each person's share valued at approximately Rs. 31.52 lakh. CESTAT had originally set aside confiscation finding seized gold bars lacked foreign markings and had lower purity, concluding Section 123 Customs Act provisions were not attracted for town seizure. en-us Wed, 19 Feb 2025 00:00:00 +0530 Mon, 30 Jun 2025 08:43:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773865 The HC dismissed Revenue's Custom References challenging CESTAT's order setting aside confiscation of gold bars worth Rs. 1.57 Crore and penalties imposed on five respondents. The court held appeals were not maintainable under Union of India's litigation policy restricting Revenue appeals below Rs. 1 Crore monetary threshold. Despite collective seizure value exceeding Rs. 1 Crore, the court applied individual apportionment from the Revenue's own Inventory, showing each person's share valued at approximately Rs. 31.52 lakh. CESTAT had originally set aside confiscation finding seized gold bars lacked foreign markings and had lower purity, concluding Section 123 Customs Act provisions were not attracted for town seizure. Case-Laws Customs Wed, 19 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773865