https://www.taxtmi.com/caselaws?id=74769 Voluntary, inculpatory statements recorded after seizure, supported by surrounding conduct, were sufficient to sustain confiscation and penalty for gold and ornaments found to be unaccounted stock in trade rather than third-party property. Absolute confiscation of the foreign-marked gold biscuit was maintained, but the penalty was reduced. The two gold coins were not treated as smuggled goods on the facts; redemption was permitted and the redemption fine and penalty were reduced. The abetment charge against the co-appellant failed because there was no proof of prior participation in the offence; later false documentation, at most, made him an accessory after the event, so his penalty was set aside. en-us Fri, 18 Nov 1988 00:00:00 +0530 Fri, 10 Jun 2011 18:17:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74769 Voluntary, inculpatory statements recorded after seizure, supported by surrounding conduct, were sufficient to sustain confiscation and penalty for gold and ornaments found to be unaccounted stock in trade rather than third-party property. Absolute confiscation of the foreign-marked gold biscuit was maintained, but the penalty was reduced. The two gold coins were not treated as smuggled goods on the facts; redemption was permitted and the redemption fine and penalty were reduced. The abetment charge against the co-appellant failed because there was no proof of prior participation in the offence; later false documentation, at most, made him an accessory after the event, so his penalty was set aside. Case-Laws Central Excise Fri, 18 Nov 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74769