https://www.taxtmi.com/news?id=49676 Preventive detention under the Conservation of Foreign Exchange and Prevention of Smuggling Activities Act (COFEPOSA) was applied to a person suspected of gold smuggling, and the Advisory Board directed that bail not be permitted during the period of detention. Although a city court had earlier granted default bail due to non-filing of a chargesheet, the COFEPOSA order continued to lawfully restrain release, demonstrating that preventive detention under the Act can operate independently of and supersede ordinary bail relief while suspicion of smuggling persists. en-us Thu, 17 Jul 2025 13:31:05 +0530 Thu, 17 Jul 2025 13:31:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=49676 Preventive detention under the Conservation of Foreign Exchange and Prevention of Smuggling Activities Act (COFEPOSA) was applied to a person suspected of gold smuggling, and the Advisory Board directed that bail not be permitted during the period of detention. Although a city court had earlier granted default bail due to non-filing of a chargesheet, the COFEPOSA order continued to lawfully restrain release, demonstrating that preventive detention under the Act can operate independently of and supersede ordinary bail relief while suspicion of smuggling persists. News - Thu, 17 Jul 2025 13:31:05 +0530 https://www.taxtmi.com/news?id=49676