https://www.taxtmi.com/caselaws?id=83477 The appeals were disposed of with the confiscation of the gold lagadi sustained, the guineas not liable for confiscation, and the penalty on Shri Ketan reduced from Rs. 10,000 to Rs. 7,500 for purchasing foreign marked gold. The penalty on Smt. Sheelaben was set aside as her involvement was related to the possession of guineas, which were not confiscated. en-us Fri, 04 Feb 1994 00:00:00 +0530 Wed, 13 Jul 2011 17:18:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83477 The appeals were disposed of with the confiscation of the gold lagadi sustained, the guineas not liable for confiscation, and the penalty on Shri Ketan reduced from Rs. 10,000 to Rs. 7,500 for purchasing foreign marked gold. The penalty on Smt. Sheelaben was set aside as her involvement was related to the possession of guineas, which were not confiscated. Case-Laws Customs Fri, 04 Feb 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83477