https://www.taxtmi.com/caselaws?id=105333 Confiscation of foreign-origin gold and personal penalties were sustained because gold is a notified item and the reverse burden under Section 123 shifted to the persons from whose possession it was recovered to prove lawful acquisition and that it was not smuggled. The appellants failed to produce documentary or other reliable evidence of legal import, lawful possession, or discharge of the burden. One appellant's statements admitted ownership, and the record indicated acquisition through a local broker without supporting documents. The claim that gold is freely importable did not assist them on these facts, and the confiscation and penalties were upheld. en-us Fri, 05 Oct 2001 00:00:00 +0530 Mon, 05 Mar 2012 12:59:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105333 Confiscation of foreign-origin gold and personal penalties were sustained because gold is a notified item and the reverse burden under Section 123 shifted to the persons from whose possession it was recovered to prove lawful acquisition and that it was not smuggled. The appellants failed to produce documentary or other reliable evidence of legal import, lawful possession, or discharge of the burden. One appellant's statements admitted ownership, and the record indicated acquisition through a local broker without supporting documents. The claim that gold is freely importable did not assist them on these facts, and the confiscation and penalties were upheld. Case-Laws Customs Fri, 05 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105333