https://www.taxtmi.com/caselaws?id=165683 Confiscation of Indian currency as alleged sale proceeds of smuggled gold under section 121 of the Customs Act, 1962 was unsustainable because the material on record did not prove beyond reasonable doubt that the currency represented such proceeds. Suspicion and incomplete circumstantial evidence were held insufficient to justify confiscation, and the benefit of doubt went to the appellants. The confiscation order was therefore set aside and the appeal allowed. en-us Wed, 15 Jul 1981 00:00:00 +0530 Thu, 07 Aug 2014 11:37:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165683 Confiscation of Indian currency as alleged sale proceeds of smuggled gold under section 121 of the Customs Act, 1962 was unsustainable because the material on record did not prove beyond reasonable doubt that the currency represented such proceeds. Suspicion and incomplete circumstantial evidence were held insufficient to justify confiscation, and the benefit of doubt went to the appellants. The confiscation order was therefore set aside and the appeal allowed. Case-Laws Customs Wed, 15 Jul 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165683