https://www.taxtmi.com/caselaws?id=166207 Where gold ornaments and gold articles are jointly possessed, compliance must be tested under section 16(5)(b) on the combined holding, and the separate limit for articles in section 16(5)(a) cannot be superimposed to create a contravention. The Tribunal followed the prevailing view that such holdings cannot be notionally split into separate portions for ornaments and articles when assessing the statutory limit. On the facts, the gold sovereigns, when added to the ornaments already within permissible limits, did not exceed the aggregate limit applicable to the person or family concerned. Confiscation, redemption fine and personal penalties were therefore held unsustainable, and relief was granted. en-us Wed, 06 Jul 1983 00:00:00 +0530 Thu, 28 Aug 2014 17:11:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166207 Where gold ornaments and gold articles are jointly possessed, compliance must be tested under section 16(5)(b) on the combined holding, and the separate limit for articles in section 16(5)(a) cannot be superimposed to create a contravention. The Tribunal followed the prevailing view that such holdings cannot be notionally split into separate portions for ornaments and articles when assessing the statutory limit. On the facts, the gold sovereigns, when added to the ornaments already within permissible limits, did not exceed the aggregate limit applicable to the person or family concerned. Confiscation, redemption fine and personal penalties were therefore held unsustainable, and relief was granted. Case-Laws Customs Wed, 06 Jul 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166207