https://www.taxtmi.com/caselaws?id=118875 The Tribunal set aside the confiscation of three gold biscuits, ruling that the seized gold was lawfully procured based on genuine purchase bills and seller statements, with no evidence of smuggling. The penalty imposed on the appellants was also overturned, emphasizing the legality of the gold acquisition. The decision underscored the need for evidence of legal procurement and the absence of proof of illegal activities. en-us Tue, 18 Oct 2005 00:00:00 +0530 Fri, 06 Jul 2012 14:20:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118875 The Tribunal set aside the confiscation of three gold biscuits, ruling that the seized gold was lawfully procured based on genuine purchase bills and seller statements, with no evidence of smuggling. The penalty imposed on the appellants was also overturned, emphasizing the legality of the gold acquisition. The decision underscored the need for evidence of legal procurement and the absence of proof of illegal activities. Case-Laws Central Excise Tue, 18 Oct 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118875