https://www.taxtmi.com/caselaws?id=204634 Confiscation of gold bars as smuggled goods and the related penalty were upheld because the customs officer had the requisite belief to proceed under the Customs Act after police seizure and handover. Statements recorded under Section 108, together with documentary and surrounding circumstances, established that the gold was smuggled and knowingly purchased from an illicit source. The distinction between police seizure and customs seizure did not defeat the confiscation proceedings, and the retracted statements did not override the cumulative evidence. The Commissioner and Tribunal's findings were sustained on the totality of the material. en-us Fri, 01 Jul 2011 00:00:00 +0530 Mon, 27 Feb 2012 17:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204634 Confiscation of gold bars as smuggled goods and the related penalty were upheld because the customs officer had the requisite belief to proceed under the Customs Act after police seizure and handover. Statements recorded under Section 108, together with documentary and surrounding circumstances, established that the gold was smuggled and knowingly purchased from an illicit source. The distinction between police seizure and customs seizure did not defeat the confiscation proceedings, and the retracted statements did not override the cumulative evidence. The Commissioner and Tribunal's findings were sustained on the totality of the material. Case-Laws Customs Fri, 01 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204634