https://www.taxtmi.com/caselaws?id=167517 A bank draft drawn in foreign currency and marked not negotiable did not fall within the statutory definitions of goods, currency, negotiable instrument, or foreign exchange. Confiscation under Section 113(d) of the Customs Act failed because the draft was not shown to be export goods attempted to be exported contrary to law. Section 113(h) also did not apply, as no contravention relating to omission from an entry or baggage declaration was established. With confiscation unsustainable, the personal penalty based on that confiscation likewise could not stand. en-us Fri, 27 Apr 1984 00:00:00 +0530 Tue, 23 Dec 2014 10:55:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167517 A bank draft drawn in foreign currency and marked not negotiable did not fall within the statutory definitions of goods, currency, negotiable instrument, or foreign exchange. Confiscation under Section 113(d) of the Customs Act failed because the draft was not shown to be export goods attempted to be exported contrary to law. Section 113(h) also did not apply, as no contravention relating to omission from an entry or baggage declaration was established. With confiscation unsustainable, the personal penalty based on that confiscation likewise could not stand. Case-Laws Central Excise Fri, 27 Apr 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167517