https://www.taxtmi.com/caselaws?id=89678 The Tribunal upheld the confiscation of undeclared gold seized from the appellants, finding ownership with one appellant and denying import concessions due to overstaying. The Tribunal permitted redemption of the gold, not prohibited for import, upon payment of fines. Penalties imposed were deemed appropriate, with fines reduced for both appellants. The appeals were partially allowed, granting consequential relief but denying re-export of gold. en-us Mon, 21 Dec 1998 00:00:00 +0530 Wed, 28 Sep 2011 18:54:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89678 The Tribunal upheld the confiscation of undeclared gold seized from the appellants, finding ownership with one appellant and denying import concessions due to overstaying. The Tribunal permitted redemption of the gold, not prohibited for import, upon payment of fines. Penalties imposed were deemed appropriate, with fines reduced for both appellants. The appeals were partially allowed, granting consequential relief but denying re-export of gold. Case-Laws Customs Mon, 21 Dec 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89678