https://www.taxtmi.com/caselaws?id=72555 Confiscation under the Gold (Control) Act was treated as sustainable unless the claimant proved that the seized gold belonged to a third party and that the third party lacked knowledge or connivance. The presumption under Section 99 that the possessor is the owner was held rebuttable, but the alleged ownership evidence was not accepted and no genuine claimant appeared before the adjudicating authority. Section 79 was therefore considered inapplicable because it requires notice to an owner or claimant, and on the facts found no referable question of law survived. The reference application was properly declined. en-us Thu, 14 Aug 1986 00:00:00 +0530 Fri, 20 May 2011 13:52:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72555 Confiscation under the Gold (Control) Act was treated as sustainable unless the claimant proved that the seized gold belonged to a third party and that the third party lacked knowledge or connivance. The presumption under Section 99 that the possessor is the owner was held rebuttable, but the alleged ownership evidence was not accepted and no genuine claimant appeared before the adjudicating authority. Section 79 was therefore considered inapplicable because it requires notice to an owner or claimant, and on the facts found no referable question of law survived. The reference application was properly declined. Case-Laws Central Excise Thu, 14 Aug 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72555