https://www.taxtmi.com/caselaws?id=255471 The Tribunal confirmed the confiscation of certain gold items under the Gold (Control) Act, 1968, after multiple rounds of appeals and remands. While the penalty amount was reduced, the confiscation was upheld despite challenges. The Criminal Court's findings were considered in determining possession of the primary gold. The case, pending for nearly 40 years, emphasized the necessity of timely compliance with legal orders, with the High Court directing Revenue Authorities to adhere to the Tribunal's decisions promptly. en-us Thu, 10 Jul 2014 00:00:00 +0530 Sat, 17 Jan 2015 12:48:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255471 The Tribunal confirmed the confiscation of certain gold items under the Gold (Control) Act, 1968, after multiple rounds of appeals and remands. While the penalty amount was reduced, the confiscation was upheld despite challenges. The Criminal Court's findings were considered in determining possession of the primary gold. The case, pending for nearly 40 years, emphasized the necessity of timely compliance with legal orders, with the High Court directing Revenue Authorities to adhere to the Tribunal's decisions promptly. Case-Laws Customs Thu, 10 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255471