https://www.taxtmi.com/caselaws?id=73381 Under the Gold (Control) Act, 1968, liability for possession, custody or control of primary gold can extend to constructive possession where a person knowingly joins in transporting, packing or dealing with the gold and agrees to exercise control over it, even without physical custody. On the facts recorded, the appellant's admissions and surrounding circumstances were treated as voluntary and corroborative of participation, so abetment and contravention were established. The penalty was nevertheless reduced after the Tribunal accepted mitigating factors, including financial hardship, unemployment and time spent in jail, and found the original quantum excessive. en-us Wed, 19 Aug 1987 00:00:00 +0530 Fri, 27 Jan 2012 18:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73381 Under the Gold (Control) Act, 1968, liability for possession, custody or control of primary gold can extend to constructive possession where a person knowingly joins in transporting, packing or dealing with the gold and agrees to exercise control over it, even without physical custody. On the facts recorded, the appellant's admissions and surrounding circumstances were treated as voluntary and corroborative of participation, so abetment and contravention were established. The penalty was nevertheless reduced after the Tribunal accepted mitigating factors, including financial hardship, unemployment and time spent in jail, and found the original quantum excessive. Case-Laws Central Excise Wed, 19 Aug 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73381