https://www.taxtmi.com/caselaws?id=73932 Carrying on business as a gold dealer without a licence under Section 27(1) requires proof of business activity, not merely possession of gold ornaments or an intention to sell them. On the facts, the department relied only on the appellant's presence in a dealer's premises and his statement that he had come to sell ornaments, but found no independent evidence or search material showing prior dealer activity. A single or stray proposed sale was held insufficient to establish contravention, and the confiscation, redemption fine and penalty were set aside. en-us Tue, 20 Sep 1988 00:00:00 +0530 Wed, 01 Feb 2012 17:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73932 Carrying on business as a gold dealer without a licence under Section 27(1) requires proof of business activity, not merely possession of gold ornaments or an intention to sell them. On the facts, the department relied only on the appellant's presence in a dealer's premises and his statement that he had come to sell ornaments, but found no independent evidence or search material showing prior dealer activity. A single or stray proposed sale was held insufficient to establish contravention, and the confiscation, redemption fine and penalty were set aside. Case-Laws Customs Tue, 20 Sep 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73932