https://www.taxtmi.com/caselaws?id=208754 The Government upheld the confiscation of foreign currency and traveller cheques, along with penalties, under the Customs Act. The case involved the possession and attempted export of foreign currency and traveller cheques, leading to their seizure under the Customs Act. The jurisdiction of Customs authorities under the Customs Act was deemed applicable over FEMA. The Commissioner's decision to handle the case under FEMA was overturned, reinstating the original order for confiscation and penalties under the Customs Act. The revision applications were successful, affirming the legality of the adjudicating authority's decision. en-us Fri, 03 Sep 2010 00:00:00 +0530 Sat, 28 Jan 2012 08:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208754 The Government upheld the confiscation of foreign currency and traveller cheques, along with penalties, under the Customs Act. The case involved the possession and attempted export of foreign currency and traveller cheques, leading to their seizure under the Customs Act. The jurisdiction of Customs authorities under the Customs Act was deemed applicable over FEMA. The Commissioner's decision to handle the case under FEMA was overturned, reinstating the original order for confiscation and penalties under the Customs Act. The revision applications were successful, affirming the legality of the adjudicating authority's decision. Case-Laws Customs Fri, 03 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208754