https://www.taxtmi.com/highlights?id=104699 Revised Customs prosecution thresholds for precious-metal smuggling may extend to pending complaints if the goods' value is below the updated limit. The later circular changes only the monetary threshold and preserves the earlier circular's other conditions. Neither circular prohibits consideration of withdrawal after prosecution sanction has issued; the Magistrate retains discretion under the earlier framework to decide whether the prosecution should continue. Where withdrawal was rejected solely because sanction had issued, reconsideration under the applicable circulars is required. en-us Thu, 08 Oct 2026 08:48:14 +0530 Thu, 08 Oct 2026 08:48:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=104699 Revised Customs prosecution thresholds for precious-metal smuggling may extend to pending complaints if the goods' value is below the updated limit. The later circular changes only the monetary threshold and preserves the earlier circular's other conditions. Neither circular prohibits consideration of withdrawal after prosecution sanction has issued; the Magistrate retains discretion under the earlier framework to decide whether the prosecution should continue. Where withdrawal was rejected solely because sanction had issued, reconsideration under the applicable circulars is required. Highlights Customs Thu, 08 Oct 2026 08:48:14 +0530 https://www.taxtmi.com/highlights?id=104699