2018 (2) TMI 1886 - HC - Customs

The Tax appeal is admitted for consideration of the substantial question of law - Whether the CESTAT was right in law and in facts of the case to order release of the seized gold on payment of redemption fine of Rs. 40 lacs?

Summary

The Gujarat High Court admitted a tax appeal to consider the question of whether the CESTAT was correct in ordering the release of seized gold upon payment of a redemption fine of Rs. 40 lakhs.