2014 (1) TMI 381 - AT - Customs

Confiscation of goods - Sale of goods in auction - Held that - adjudicating authority ordered for absolute confiscation of the goods and the same were sold through public auction and the Customs authorities directed the applicant to collect the auction amount - Decided against assessee.

Summary

The applicant filed for implementation of Final Order dated 27-9-2005. Appeal allowed, impugned goods confiscated were sold in auction. Applicant sought return of actual value of goods, but Revenue stated goods sold due to depreciation. Goods confiscated and sold through public auction, applicant directed to collect auction amount. Application dismissed.