https://www.taxtmi.com/acts?id=1119 Sale-proceeds derived from smuggled goods are liable to confiscation where the goods are sold by a person who has knowledge, or reason to believe, that the goods are smuggled goods. The provision extends confiscation beyond the goods themselves to the proceeds of sale and operates where the seller has the requisite awareness of the smuggled character of the goods. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 26 May 2026 18:02:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=1119 Sale-proceeds derived from smuggled goods are liable to confiscation where the goods are sold by a person who has knowledge, or reason to believe, that the goods are smuggled goods. The provision extends confiscation beyond the goods themselves to the proceeds of sale and operates where the seller has the requisite awareness of the smuggled character of the goods. Act-Rules Customs Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=1119