https://www.taxtmi.com/caselaws?id=167293 Confiscation of seized gold ornaments was upheld where the ornaments were found in licensed premises, were unaccounted in statutory records, and the claim that part belonged to third parties was not proved; on that footing, prior notice to alleged owners was not required before liability to confiscation was determined. Personal penalty on the appellant was set aside because the evidence did not establish any individual act or omission by him rendering the gold liable to confiscation, even though the firm's stock was liable to confiscation as unaccounted goods. en-us Thu, 12 Jan 1984 00:00:00 +0530 Mon, 15 Dec 2014 12:56:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167293 Confiscation of seized gold ornaments was upheld where the ornaments were found in licensed premises, were unaccounted in statutory records, and the claim that part belonged to third parties was not proved; on that footing, prior notice to alleged owners was not required before liability to confiscation was determined. Personal penalty on the appellant was set aside because the evidence did not establish any individual act or omission by him rendering the gold liable to confiscation, even though the firm's stock was liable to confiscation as unaccounted goods. Case-Laws Customs Thu, 12 Jan 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167293