https://www.taxtmi.com/caselaws?id=74280 Unauthorised possession and processing of gold in a refinery-like setup were treated as a breach of the Gold (Control) Act. The seized gold was held to belong to the appellant because the alleged goldsmiths or customers gave no evidence and no independent proof rebutted the statutory presumption. The premises was found to be a refinery, as the evidence showed active refining operations and the appellant lacked a refiner's licence. The proved contravention of Section 8 was sustained even if the gold was treated as an article, and the confiscation and penalty were upheld as not disproportionate. en-us Mon, 31 Oct 1988 00:00:00 +0530 Wed, 01 Feb 2012 17:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74280 Unauthorised possession and processing of gold in a refinery-like setup were treated as a breach of the Gold (Control) Act. The seized gold was held to belong to the appellant because the alleged goldsmiths or customers gave no evidence and no independent proof rebutted the statutory presumption. The premises was found to be a refinery, as the evidence showed active refining operations and the appellant lacked a refiner's licence. The proved contravention of Section 8 was sustained even if the gold was treated as an article, and the confiscation and penalty were upheld as not disproportionate. Case-Laws Central Excise Mon, 31 Oct 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74280