https://www.taxtmi.com/caselaws?id=98540 The appellate authority set aside the confiscation of 11.425 kgs of silver and the penalty imposed on the appellant due to lack of evidence on foreign origin and reliance on hearsay statements. The judgment emphasized the Revenue's burden to prove foreign origin conclusively, the necessity for independent evidence, and the applicability of the Board's Circular regarding seizure by an Assistant Commissioner for silver under 100 kgs without foreign markings. The appellant's claim of ownership supported by a symbol seal was considered, leading to the appeal's success based on insufficient evidence supporting the confiscation and penalty. en-us Wed, 30 May 2001 00:00:00 +0530 Sat, 21 Jan 2012 10:32:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98540 The appellate authority set aside the confiscation of 11.425 kgs of silver and the penalty imposed on the appellant due to lack of evidence on foreign origin and reliance on hearsay statements. The judgment emphasized the Revenue's burden to prove foreign origin conclusively, the necessity for independent evidence, and the applicability of the Board's Circular regarding seizure by an Assistant Commissioner for silver under 100 kgs without foreign markings. The appellant's claim of ownership supported by a symbol seal was considered, leading to the appeal's success based on insufficient evidence supporting the confiscation and penalty. Case-Laws Customs Wed, 30 May 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98540