https://www.taxtmi.com/caselaws?id=778931 HC allowed the petition, finding the petitioner had effectively sought redemption within the 120-day period and it would be unfair to dismiss the claim because the gold had already been sold. The court computed the confiscated gold's value as of June 2023 and made specified deductions (customs duty, redemption fine, personal penalty, warehouse charges, pre-deposit), arriving at a net payable sum of Rs. 5,80,423.06. Respondents were directed to pay that amount within eight weeks, failing which it will carry interest at 7% per annum. en-us Sat, 20 Sep 2025 00:00:00 +0530 Thu, 25 Sep 2025 08:37:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778931 HC allowed the petition, finding the petitioner had effectively sought redemption within the 120-day period and it would be unfair to dismiss the claim because the gold had already been sold. The court computed the confiscated gold's value as of June 2023 and made specified deductions (customs duty, redemption fine, personal penalty, warehouse charges, pre-deposit), arriving at a net payable sum of Rs. 5,80,423.06. Respondents were directed to pay that amount within eight weeks, failing which it will carry interest at 7% per annum. Case-Laws Customs Sat, 20 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778931