https://www.taxtmi.com/caselaws?id=167383 Confiscation under the Gold (Control) Act was limited to gold directly connected with a proved contravention, because Section 71 did not authorise seizure of an entire stock in trade for a licensing irregularity. The licensing record showed that the business was carried on under the original name and style, the change in constitution had been intimated to the Department, and renewals continued for years despite the authority's own misdescription in the licence records. Even if there was a technical breach of licensing requirements, it could not justify confiscation of the whole stock. The confiscation order was set aside, and the gold was to be restored or the redemption fine refunded. en-us Fri, 11 Jan 1985 00:00:00 +0530 Thu, 18 Dec 2014 11:41:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167383 Confiscation under the Gold (Control) Act was limited to gold directly connected with a proved contravention, because Section 71 did not authorise seizure of an entire stock in trade for a licensing irregularity. The licensing record showed that the business was carried on under the original name and style, the change in constitution had been intimated to the Department, and renewals continued for years despite the authority's own misdescription in the licence records. Even if there was a technical breach of licensing requirements, it could not justify confiscation of the whole stock. The confiscation order was set aside, and the gold was to be restored or the redemption fine refunded. Case-Laws Central Excise Fri, 11 Jan 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167383