https://www.taxtmi.com/caselaws?id=82926 The judgment upheld the confiscation of foreign wrist watches and imposition of penalties due to illicit acquisition. However, the Indian currency seized was ordered to be released as the appellant's statement and lack of evidence failed to establish a direct link to the sale of smuggled goods, granting the benefit of doubt. The appeal was rejected, except for the modification regarding the currency, emphasizing insufficient evidence connecting the seized money to the sale of smuggled watches. en-us Fri, 09 Jul 1993 00:00:00 +0530 Fri, 08 Jul 2011 12:15:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82926 The judgment upheld the confiscation of foreign wrist watches and imposition of penalties due to illicit acquisition. However, the Indian currency seized was ordered to be released as the appellant's statement and lack of evidence failed to establish a direct link to the sale of smuggled goods, granting the benefit of doubt. The appeal was rejected, except for the modification regarding the currency, emphasizing insufficient evidence connecting the seized money to the sale of smuggled watches. Case-Laws Customs Fri, 09 Jul 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82926