https://www.taxtmi.com/caselaws?id=167419 Voluntary confession, supported by seizure and surrounding circumstances, was sufficient to establish possession and transport of primary gold in excess of the permissible limit for a certified goldsmith, and the later retraction was rejected as unconvincing. The statutory presumption of ownership under the Gold (Control) Act was not displaced by reliable evidence, so the confiscation and redemption fine were upheld and the penalties sustained in principle. An acquittal in the criminal case did not control the adjudication, as it had not examined the evidence on merits or had proceeded on a misapprehension of the statutory scheme. The penalty on one appellant was reduced to Rs. 10,000. en-us Wed, 19 Jun 1985 00:00:00 +0530 Fri, 19 Dec 2014 12:11:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167419 Voluntary confession, supported by seizure and surrounding circumstances, was sufficient to establish possession and transport of primary gold in excess of the permissible limit for a certified goldsmith, and the later retraction was rejected as unconvincing. The statutory presumption of ownership under the Gold (Control) Act was not displaced by reliable evidence, so the confiscation and redemption fine were upheld and the penalties sustained in principle. An acquittal in the criminal case did not control the adjudication, as it had not examined the evidence on merits or had proceeded on a misapprehension of the statutory scheme. The penalty on one appellant was reduced to Rs. 10,000. Case-Laws Central Excise Wed, 19 Jun 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167419