https://www.taxtmi.com/caselaws?id=385566 The Tribunal ruled in favor of the appellants, setting aside the confiscation of the seized gold and the penalties imposed on them. The Tribunal found discrepancies in the investigations conducted by the DRI Officers and determined that the revenue failed to establish the gold as smuggled. As the appellants demonstrated legal possession and provided evidence of the gold's lawful acquisition, the Tribunal directed the revenue to promptly release the gold, concluding that there was no evidence linking it to smuggling activities. en-us Wed, 04 Sep 2019 00:00:00 +0530 Thu, 16 Jan 2020 17:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385566 The Tribunal ruled in favor of the appellants, setting aside the confiscation of the seized gold and the penalties imposed on them. The Tribunal found discrepancies in the investigations conducted by the DRI Officers and determined that the revenue failed to establish the gold as smuggled. As the appellants demonstrated legal possession and provided evidence of the gold's lawful acquisition, the Tribunal directed the revenue to promptly release the gold, concluding that there was no evidence linking it to smuggling activities. Case-Laws Customs Wed, 04 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385566