https://www.taxtmi.com/caselaws?id=167201 Confiscation of gold ornaments and primary gold was sustained where no licence was produced as required by law, and private account books were not accepted as a substitute for the statutory register. The finding on the nature and purity of the seized gold remained undisturbed, and the redemption fine was upheld because no reliable material showed it to be excessive. The penalty, however, was reduced on the facts as excessive. In transferred proceedings under the Gold Control Act, the respondent had no right to file a cross-objection because such a right could not be retrospectively created by amendment; the cross-objection was dismissed. en-us Mon, 29 Oct 1984 00:00:00 +0530 Thu, 11 Dec 2014 12:17:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167201 Confiscation of gold ornaments and primary gold was sustained where no licence was produced as required by law, and private account books were not accepted as a substitute for the statutory register. The finding on the nature and purity of the seized gold remained undisturbed, and the redemption fine was upheld because no reliable material showed it to be excessive. The penalty, however, was reduced on the facts as excessive. In transferred proceedings under the Gold Control Act, the respondent had no right to file a cross-objection because such a right could not be retrospectively created by amendment; the cross-objection was dismissed. Case-Laws Central Excise Mon, 29 Oct 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167201