https://www.taxtmi.com/caselaws?id=117863 The Tribunal upheld the confiscation of gold biscuits and penalties imposed on the appellants under Sections 111(d) and 112(b) of the Customs Act. The burden of proof under Section 123 was not discharged by the appellants, as their explanations and retraction of confessional statements were found invalid. The possibility of redeeming the confiscated goods was remanded for reconsideration. Penalties were sustained, with a reduction for one partner. en-us Tue, 25 Oct 2005 00:00:00 +0530 Wed, 27 Jun 2012 10:40:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117863 The Tribunal upheld the confiscation of gold biscuits and penalties imposed on the appellants under Sections 111(d) and 112(b) of the Customs Act. The burden of proof under Section 123 was not discharged by the appellants, as their explanations and retraction of confessional statements were found invalid. The possibility of redeeming the confiscated goods was remanded for reconsideration. Penalties were sustained, with a reduction for one partner. Case-Laws Customs Tue, 25 Oct 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117863