Gold import: undeclared passenger gold is subject to absolute confiscation; declared but uncleared gold may be re exported. Undeclared passenger gold is liable to absolute confiscation because the Customs Act's definition of prohibited good covers items in the EXIM Policy Negative List unless import conditions are met; redemption under the redemption fine provision is to be denied except in trivial non concealment cases, while declared gold not cleared for want of foreign exchange may be re exported under the Customs Act.
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.
Gold import: undeclared passenger gold is subject to absolute confiscation; declared but uncleared gold may be re exported.
Undeclared passenger gold is liable to absolute confiscation because the Customs Act's definition of prohibited good covers items in the EXIM Policy Negative List unless import conditions are met; redemption under the redemption fine provision is to be denied except in trivial non concealment cases, while declared gold not cleared for want of foreign exchange may be re exported under the Customs Act.
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