https://www.taxtmi.com/caselaws?id=80027 Non-accountal of gold ornaments and failure to issue the prescribed receipt voucher attracted the accounting and voucher requirements under the Gold (Control) Act and the Rules. The explanation that the ornaments came through another jeweller and were received by the appellant's father was tested against the surrounding circumstances, the timing of statements and the absence of a supporting voucher issued by the appellant's side. The explanation was found unsatisfactory, so confiscation of the ornaments was maintained, but the lapse was treated as one of statutory compliance rather than clandestine disposal, warranting a lenient approach and reduction of the redemption fine and penalty. en-us Mon, 08 May 1989 00:00:00 +0530 Tue, 14 Jun 2011 12:01:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80027 Non-accountal of gold ornaments and failure to issue the prescribed receipt voucher attracted the accounting and voucher requirements under the Gold (Control) Act and the Rules. The explanation that the ornaments came through another jeweller and were received by the appellant's father was tested against the surrounding circumstances, the timing of statements and the absence of a supporting voucher issued by the appellant's side. The explanation was found unsatisfactory, so confiscation of the ornaments was maintained, but the lapse was treated as one of statutory compliance rather than clandestine disposal, warranting a lenient approach and reduction of the redemption fine and penalty. Case-Laws Central Excise Mon, 08 May 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80027