https://www.taxtmi.com/caselaws?id=83798 The tribunal upheld the confiscation of Indian currency and penalties under the Customs Act and Gold (Control) Act. The decision was based on incriminating statements by the individuals involved, corroborative evidence, and inconsistencies in their explanations regarding the money's legal acquisition. Despite attempts to retract statements and provide alternative explanations, the tribunal found the Department had met its burden of proof, leading to the affirmation of the confiscation order and penalties. en-us Thu, 08 Dec 1994 00:00:00 +0530 Sat, 16 Jul 2011 18:36:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83798 The tribunal upheld the confiscation of Indian currency and penalties under the Customs Act and Gold (Control) Act. The decision was based on incriminating statements by the individuals involved, corroborative evidence, and inconsistencies in their explanations regarding the money's legal acquisition. Despite attempts to retract statements and provide alternative explanations, the tribunal found the Department had met its burden of proof, leading to the affirmation of the confiscation order and penalties. Case-Laws Customs Thu, 08 Dec 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83798