https://www.taxtmi.com/caselaws?id=286431 Gold carried without declaration and intended for concealment may be confiscable under customs law, but it is not treated as prohibited goods unless expressly notified or otherwise barred by law. A regulatory breach or attempted smuggling does not by itself justify absolute confiscation. Where confiscated gold is not prohibited, the customs framework ordinarily requires an option of redemption on payment of duty, redemption fine, and penalty. Concealment remains relevant to the level of fine and penalty, but not to denial of redemption altogether. The absolute confiscation order was therefore modified to permit release on redemption terms while preserving the confiscatory and penal consequences. en-us Wed, 01 Aug 2018 00:00:00 +0530 Wed, 26 Feb 2020 10:40:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286431 Gold carried without declaration and intended for concealment may be confiscable under customs law, but it is not treated as prohibited goods unless expressly notified or otherwise barred by law. A regulatory breach or attempted smuggling does not by itself justify absolute confiscation. Where confiscated gold is not prohibited, the customs framework ordinarily requires an option of redemption on payment of duty, redemption fine, and penalty. Concealment remains relevant to the level of fine and penalty, but not to denial of redemption altogether. The absolute confiscation order was therefore modified to permit release on redemption terms while preserving the confiscatory and penal consequences. Case-Laws Customs Wed, 01 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286431