https://www.taxtmi.com/caselaws?id=152264 The Commissioner (Appeals) set aside the confiscation of Indian currency amounting to Rs. 3,09,998/- and directed its release, along with revoking the confiscation of a motor cycle. Penalties imposed on the appellants were also set aside as the Department failed to prove the currency as sale proceeds of smuggled goods. The final decision upheld the order, dismissing appeals due to lack of evidence on the sale of smuggled goods and knowledge of smuggling, justifying the confiscation of the currency under Section 121 of the Customs Act, 1962. en-us Thu, 17 Sep 2009 00:00:00 +0530 Fri, 28 Jun 2013 12:36:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152264 The Commissioner (Appeals) set aside the confiscation of Indian currency amounting to Rs. 3,09,998/- and directed its release, along with revoking the confiscation of a motor cycle. Penalties imposed on the appellants were also set aside as the Department failed to prove the currency as sale proceeds of smuggled goods. The final decision upheld the order, dismissing appeals due to lack of evidence on the sale of smuggled goods and knowledge of smuggling, justifying the confiscation of the currency under Section 121 of the Customs Act, 1962. Case-Laws Customs Thu, 17 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152264