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Customs - Highlights / Catch Notes

Home Highlights June 2018 Year 2018 This

Return of the goods in the same condition, in which they were ...


Dispute Over Seized Diamonds: Return in Original Condition or Pay Market Value; Valuation Agreement at Rs. 4,27,000 Stands.

June 13, 2018

Case Laws     Customs     HC

Return of the goods in the same condition, in which they were seized or pay the market value of the diamonds, as on the date of the filing of the writ petition - At one stage, for the purpose of redeeming the goods, the appellant had accepted the value of diamonds as ₹ 4,27,000/-, which decision cannot be retracted, by filing a writ petition.

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