https://www.taxtmi.com/caselaws?id=109750 Documentary evidence of lawful acquisition abroad, including an undisputed money-changer certificate, displaced the basis for absolute confiscation of seized foreign exchange where the confiscation order rested only on retracted confessional statements. Foreign exchange was not treated as prohibited goods on these facts, so absolute confiscation was set aside in part, redemption was allowed on payment of fine, and the penalties were fully remitted. en-us Thu, 19 Sep 2002 00:00:00 +0530 Wed, 11 Apr 2012 16:54:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109750 Documentary evidence of lawful acquisition abroad, including an undisputed money-changer certificate, displaced the basis for absolute confiscation of seized foreign exchange where the confiscation order rested only on retracted confessional statements. Foreign exchange was not treated as prohibited goods on these facts, so absolute confiscation was set aside in part, redemption was allowed on payment of fine, and the penalties were fully remitted. Case-Laws Customs Thu, 19 Sep 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109750