https://www.taxtmi.com/caselaws?id=243516 The court confirmed the confiscation of a Swiss origin gold bar valued at Rs. 9,40,000 under the Customs Act, 1962, with an option for redemption on payment of a fine of Rs. 5 lakhs. Penalties were imposed on individuals involved in the illegal import, while charges against a specific entity were dropped. Appeals by the father and son against the adjudication order were dismissed by the appellate authority, upholding the findings and conclusions of the adjudicating authority without identifying any errors. en-us Tue, 26 Nov 2013 00:00:00 +0530 Tue, 04 Feb 2014 08:22:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243516 The court confirmed the confiscation of a Swiss origin gold bar valued at Rs. 9,40,000 under the Customs Act, 1962, with an option for redemption on payment of a fine of Rs. 5 lakhs. Penalties were imposed on individuals involved in the illegal import, while charges against a specific entity were dropped. Appeals by the father and son against the adjudication order were dismissed by the appellate authority, upholding the findings and conclusions of the adjudicating authority without identifying any errors. Case-Laws Customs Tue, 26 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243516