Confiscation of sale-proceeds from smuggled goods applies when the seller knew or had reason to believe the goods were smuggled. Sale-proceeds derived from smuggled goods are liable to confiscation where the goods are sold by a person who has knowledge, or reason to believe, that the goods are smuggled goods. The provision extends confiscation beyond the goods themselves to the proceeds of sale and operates where the seller has the requisite awareness of the smuggled character of the goods.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Confiscation of sale-proceeds from smuggled goods applies when the seller knew or had reason to believe the goods were smuggled.
Sale-proceeds derived from smuggled goods are liable to confiscation where the goods are sold by a person who has knowledge, or reason to believe, that the goods are smuggled goods. The provision extends confiscation beyond the goods themselves to the proceeds of sale and operates where the seller has the requisite awareness of the smuggled character of the goods.
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