https://www.taxtmi.com/caselaws?id=340610 The Tribunal allowed the appeal by AIMR Jewels Pvt. Ltd., setting aside the confiscation of 12 gold bars and a Toyota Etios Liva car by the Customs Authority. The Tribunal ordered the return of the gold bars and the car to the appellant, emphasizing that sufficient documentation proved the legitimate acquisition and transportation of the gold. Penalties imposed on various individuals and entities were also set aside, as the appellant had met the requirements under Section 123 of the Customs Act. The appellant was entitled to the return of the confiscated items and any consequential benefits within 30 days. en-us Fri, 20 Jan 2017 00:00:00 +0530 Wed, 29 Mar 2017 13:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340610 The Tribunal allowed the appeal by AIMR Jewels Pvt. Ltd., setting aside the confiscation of 12 gold bars and a Toyota Etios Liva car by the Customs Authority. The Tribunal ordered the return of the gold bars and the car to the appellant, emphasizing that sufficient documentation proved the legitimate acquisition and transportation of the gold. Penalties imposed on various individuals and entities were also set aside, as the appellant had met the requirements under Section 123 of the Customs Act. The appellant was entitled to the return of the confiscated items and any consequential benefits within 30 days. Case-Laws Customs Fri, 20 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340610