Seized goods to be provisionally released during pendency of proceedings before Adjudicating Authority

Minal Gems Vs Union of India (Bombay High Court) The Hon’ble Bombay High Court in case of M/s Minal Gems v. Union of India [WP. No. 7993 of 2021 dated July 07, 2021] directed the Adjudicating Authority to consider the prayers of provisional release of seized goods of the assessee, during the pendency of the proceedings under the Section 124 of the Customs Act, 1962. Facts: M/s Minal Gems (“the Petitioner”) is a jewelry manufacturer and exports cut and polished diamonds. The cut and polished diamond which sought to be exported were seized by the Revenue Department. On February 02, 2021, ...