https://www.taxtmi.com/caselaws?id=89816 Acquisition and transport of silver without the prescribed documents under Chapter IV-B of the Customs Act justified confiscation and penal consequences, because the goods were admitted to have been acquired in Bombay within the specified area and were moved without the required paperwork. The confiscation was nevertheless treated as capable of modification in view of the relatively small quantity involved, so absolute confiscation was found too harsh. Redemption of the silver on payment of fine was allowed, and the penalty was set aside. en-us Sat, 01 Aug 1998 00:00:00 +0530 Thu, 29 Sep 2011 18:11:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89816 Acquisition and transport of silver without the prescribed documents under Chapter IV-B of the Customs Act justified confiscation and penal consequences, because the goods were admitted to have been acquired in Bombay within the specified area and were moved without the required paperwork. The confiscation was nevertheless treated as capable of modification in view of the relatively small quantity involved, so absolute confiscation was found too harsh. Redemption of the silver on payment of fine was allowed, and the penalty was set aside. Case-Laws Central Excise Sat, 01 Aug 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89816