https://www.taxtmi.com/caselaws?id=352322 The Tribunal ruled in favor of the appellant in a case involving the confiscation of cash seized from M/s. Balaji Steel. It was held that without establishing a connection between the seized cash and clandestine removal of goods, confiscation under the Customs Act was not valid. The penalty imposed on Shri. Sanjay Mittal under the Central Excise Rules was also set aside due to the lack of evidence linking the cash to illicit activities. The Tribunal overturned the decision of the Commissioner(Appeals) and allowed the appeal, emphasizing the necessity of proving the link between seized cash and unlawful activities. en-us Fri, 15 Sep 2017 00:00:00 +0530 Wed, 13 Dec 2017 08:25:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352322 The Tribunal ruled in favor of the appellant in a case involving the confiscation of cash seized from M/s. Balaji Steel. It was held that without establishing a connection between the seized cash and clandestine removal of goods, confiscation under the Customs Act was not valid. The penalty imposed on Shri. Sanjay Mittal under the Central Excise Rules was also set aside due to the lack of evidence linking the cash to illicit activities. The Tribunal overturned the decision of the Commissioner(Appeals) and allowed the appeal, emphasizing the necessity of proving the link between seized cash and unlawful activities. Case-Laws Central Excise Fri, 15 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352322