https://www.taxtmi.com/caselaws?id=377218 The Appellate Tribunal CESTAT ALLAHABAD overturned the decision of the Original Adjudicating Authority to confiscate foreign currency and a vehicle due to lack of evidence proving improper importation or smuggling. The Commissioner (Appeals) and the Tribunal emphasized the necessity for Revenue to establish smuggling under Section 111 of the Customs Act, stating that mere possession of foreign currency is insufficient for confiscation without proof. As the Revenue failed to provide substantial evidence, the Tribunal rejected their appeal, setting aside the confiscation and penalties imposed. en-us Wed, 20 Feb 2019 00:00:00 +0530 Fri, 13 Mar 2020 16:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377218 The Appellate Tribunal CESTAT ALLAHABAD overturned the decision of the Original Adjudicating Authority to confiscate foreign currency and a vehicle due to lack of evidence proving improper importation or smuggling. The Commissioner (Appeals) and the Tribunal emphasized the necessity for Revenue to establish smuggling under Section 111 of the Customs Act, stating that mere possession of foreign currency is insufficient for confiscation without proof. As the Revenue failed to provide substantial evidence, the Tribunal rejected their appeal, setting aside the confiscation and penalties imposed. Case-Laws Customs Wed, 20 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377218