https://www.taxtmi.com/caselaws?id=99257 Confiscation of Indian currency and a motor cycle for alleged attempted export to Bangladesh was found unjustified because the intercepted persons' statements showed they were carrying the cash on behalf of their employer, a licensed jute businessman, and that account was corroborated by the employer. The Revenue produced no contrary material or evidence of an actual attempt to export the currency through an unauthorised route. In the absence of supporting evidence, the basis for confiscation and personal penalties failed, and the confiscation and penalties were set aside. en-us Mon, 06 Nov 2000 00:00:00 +0530 Wed, 25 Jan 2012 17:20:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99257 Confiscation of Indian currency and a motor cycle for alleged attempted export to Bangladesh was found unjustified because the intercepted persons' statements showed they were carrying the cash on behalf of their employer, a licensed jute businessman, and that account was corroborated by the employer. The Revenue produced no contrary material or evidence of an actual attempt to export the currency through an unauthorised route. In the absence of supporting evidence, the basis for confiscation and personal penalties failed, and the confiscation and penalties were set aside. Case-Laws Customs Mon, 06 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99257