https://www.taxtmi.com/caselaws?id=88800 Foreign-origin gold found in the appellant's possession was treated as contraband because lawful ownership or possession was not proved and no rival claimant appeared, so confiscation under the Customs Act was upheld. A personal penalty under Section 112(b) could not be sustained on the basis of a retracted Section 108 statement where voluntariness was doubtful and independent corroboration was lacking; the penalty was set aside. The appeal therefore succeeded only in part, with confiscation maintained but the penalty annulled. en-us Wed, 25 Mar 1998 00:00:00 +0530 Wed, 21 Sep 2011 14:30:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88800 Foreign-origin gold found in the appellant's possession was treated as contraband because lawful ownership or possession was not proved and no rival claimant appeared, so confiscation under the Customs Act was upheld. A personal penalty under Section 112(b) could not be sustained on the basis of a retracted Section 108 statement where voluntariness was doubtful and independent corroboration was lacking; the penalty was set aside. The appeal therefore succeeded only in part, with confiscation maintained but the penalty annulled. Case-Laws Customs Wed, 25 Mar 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88800