https://www.taxtmi.com/caselaws?id=80131 A charge under the Gold (Control) Act, 1968 based on seizure of only trade gold ornaments could not stand where no primary gold was shown to have been found or seized. On the succession issue, a timely application under the statutory provision for continuance of a licensed business as a legatee entitled the applicant to continue as dealer until a written refusal was made. Because the application had been acted upon and was not first decided after hearing, confiscation and penalty were not sustainable. The matter of entitlement under the succession provision was left for fresh decision after hearing. en-us Thu, 04 Feb 1988 00:00:00 +0530 Tue, 14 Jun 2011 18:58:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80131 A charge under the Gold (Control) Act, 1968 based on seizure of only trade gold ornaments could not stand where no primary gold was shown to have been found or seized. On the succession issue, a timely application under the statutory provision for continuance of a licensed business as a legatee entitled the applicant to continue as dealer until a written refusal was made. Because the application had been acted upon and was not first decided after hearing, confiscation and penalty were not sustainable. The matter of entitlement under the succession provision was left for fresh decision after hearing. Case-Laws Customs Thu, 04 Feb 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80131