https://www.taxtmi.com/caselaws?id=72294 Gold found in excess of the declared quantity was treated as undeclared where contemporaneous materials and a partner's admission supported non-declaration. The plea that some ornaments were gifted to a newborn child was accepted only to a limited extent, as such acquisition would ordinarily allow time for declaration, but the exact nature and weight of the items were not proved with precision. Penalty and redemption fine were not sustained equally against all appellants because equal penal liability was not justified on the record; primary responsibility was confined to the head of the family managing the licensed business, and the monetary consequences were reduced. en-us Thu, 08 Aug 1985 00:00:00 +0530 Wed, 25 Jan 2012 16:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72294 Gold found in excess of the declared quantity was treated as undeclared where contemporaneous materials and a partner's admission supported non-declaration. The plea that some ornaments were gifted to a newborn child was accepted only to a limited extent, as such acquisition would ordinarily allow time for declaration, but the exact nature and weight of the items were not proved with precision. Penalty and redemption fine were not sustained equally against all appellants because equal penal liability was not justified on the record; primary responsibility was confined to the head of the family managing the licensed business, and the monetary consequences were reduced. Case-Laws Central Excise Thu, 08 Aug 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72294