https://www.taxtmi.com/caselaws?id=4554 The Tribunal treated the High Court's reference decision as binding and not a casual observation, and also relied on the later writ order directing conformity with that ruling, so the earlier Tribunal view was modified. On the merits, where no person claimed ownership, the true owner was not identified, and lawful acquisition of the seized foreign currency was not proved, the circumstances supported an inference of illegal importation even without direct evidence. Absolute confiscation was therefore upheld. en-us Fri, 25 Jan 2008 00:00:00 +0530 Sat, 12 Jul 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4554 The Tribunal treated the High Court's reference decision as binding and not a casual observation, and also relied on the later writ order directing conformity with that ruling, so the earlier Tribunal view was modified. On the merits, where no person claimed ownership, the true owner was not identified, and lawful acquisition of the seized foreign currency was not proved, the circumstances supported an inference of illegal importation even without direct evidence. Absolute confiscation was therefore upheld. Case-Laws Customs Fri, 25 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4554