https://www.taxtmi.com/caselaws?id=336923 The court upheld the decision of the Commissioner (Appeals) in a customs case involving the confiscation of two undeclared gold bars. The respondents' appeal to prevent absolute confiscation was denied, but they were allowed to redeem the gold upon payment of duty and fine. The court found that the respondents did not commit a serious offense as the gold was for personal use and the option of redemption was appropriate. The Revenue's appeal for absolute confiscation was dismissed, affirming the penalty imposed by the Commissioner (Appeals). en-us Mon, 20 Jun 2016 00:00:00 +0530 Tue, 30 Jan 2018 14:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336923 The court upheld the decision of the Commissioner (Appeals) in a customs case involving the confiscation of two undeclared gold bars. The respondents' appeal to prevent absolute confiscation was denied, but they were allowed to redeem the gold upon payment of duty and fine. The court found that the respondents did not commit a serious offense as the gold was for personal use and the option of redemption was appropriate. The Revenue's appeal for absolute confiscation was dismissed, affirming the penalty imposed by the Commissioner (Appeals). Case-Laws Customs Mon, 20 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336923