https://www.taxtmi.com/caselaws?id=98851 Indian currency seized from the appellant was not shown to be sale proceeds of smuggled goods, so confiscation under Section 121 of the Customs Act could not be sustained. The Department failed to prove the essential statutory requirements: that the money was derived from the sale of smuggled goods and that the sale was made by a person knowing or having reason to believe the goods were smuggled. Mere seizure of currency on information, together with seizure of gold, was insufficient to meet that burden, so confiscation was held unsustainable. en-us Wed, 01 Mar 2000 00:00:00 +0530 Tue, 24 Jan 2012 12:42:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98851 Indian currency seized from the appellant was not shown to be sale proceeds of smuggled goods, so confiscation under Section 121 of the Customs Act could not be sustained. The Department failed to prove the essential statutory requirements: that the money was derived from the sale of smuggled goods and that the sale was made by a person knowing or having reason to believe the goods were smuggled. Mere seizure of currency on information, together with seizure of gold, was insufficient to meet that burden, so confiscation was held unsustainable. Case-Laws Customs Wed, 01 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98851