https://www.taxtmi.com/caselaws?id=119319 The Tribunal ruled in favor of the appellant, setting aside the order of confiscation and penalties. The decision was based on the lack of substantial evidence, failure to prove the illicit nature of the goods, and compliance with relevant circulars and regulations. The burden of proof on the Department, invalid reliance on retracted statements, and absence of foreign markings on the seized silver were crucial factors leading to the appeal's success. The appellant's argument regarding lawful possession of the silver and lack of evidence linking the currency to smuggled goods further supported the decision to overturn the confiscation. en-us Thu, 18 Aug 2005 00:00:00 +0530 Tue, 10 Jul 2012 13:15:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119319 The Tribunal ruled in favor of the appellant, setting aside the order of confiscation and penalties. The decision was based on the lack of substantial evidence, failure to prove the illicit nature of the goods, and compliance with relevant circulars and regulations. The burden of proof on the Department, invalid reliance on retracted statements, and absence of foreign markings on the seized silver were crucial factors leading to the appeal's success. The appellant's argument regarding lawful possession of the silver and lack of evidence linking the currency to smuggled goods further supported the decision to overturn the confiscation. Case-Laws Customs Thu, 18 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119319