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2021 (9) TMI 867 - MADRAS HIGH COURTRelease the gold jewellery which were seized during the course of search - HELD THAT:- It is the failure on the part of the respective parties to the lis in placing the correct facts before this Court. If the order already passed on 04.11.2019 is allowed to be executed then prejudice would be caused to the interest of the Revenue. Once an error apparent is brought to the notice of this Court at the instance of the parties, and further such a fact is important for the purpose of determining the issues, then it is necessary to review the order passed. As brought to the notice of this Court that as per the seizure Mahazar, the jewellery seized from the writ petitioner's premises is valued more than ₹ 8 crores. Thus, the respondent-Department is directed to consider the applications filed by the writ petitioner on 13.11.2017 and on 28.11.2017 for release of jewellery. While considering such applications, the respondent- Department is directed to retain the jewellery worth equal to the tax liability along with the interest and consider releasing of the remaining jewellery by following the procedures as contemplated under law. The said exercise is directed to be done as expeditiously as possible and preferably, within a period of four weeks from the date of receipt of a copy of this order.
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