https://www.taxtmi.com/caselaws?id=122529 The Tribunal upheld the absolute confiscation of 35 gold bars and allowed redemption of 111 silver bars on payment of a fine. Penalties imposed were reduced, and the Tribunal held that an acquittal in criminal proceedings did not affect penalties in the adjudication order. The impugned order was sustained with modifications, resulting in reduced penalties for both gold and silver bars. The appeal was dismissed on merits. en-us Thu, 22 Feb 2007 00:00:00 +0530 Tue, 14 Aug 2012 14:09:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122529 The Tribunal upheld the absolute confiscation of 35 gold bars and allowed redemption of 111 silver bars on payment of a fine. Penalties imposed were reduced, and the Tribunal held that an acquittal in criminal proceedings did not affect penalties in the adjudication order. The impugned order was sustained with modifications, resulting in reduced penalties for both gold and silver bars. The appeal was dismissed on merits. Case-Laws Customs Thu, 22 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122529