Seized gold ornaments to be released for non-compliance with notice requirement before confiscation.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....The High Court held that seized gold ornaments must be returned forthwith as the Revenue failed to comply with Section 124 of the Act, which requires issuance of a show cause notice before confiscation. The petition was allowed, directing the Revenue to release the seized item to the petitioner immediately. The petitioner expressed desire to re-export the item, which shall be considered upon application in accordance with law.....