https://www.taxtmi.com/caselaws?id=398058 The Tribunal set aside the order confiscating gold, silver, and currencies, as it was deemed not maintainable due to lack of valid evidence supporting foreign origin and smuggling allegations. Penalties imposed on the appellants were also overturned, with the Tribunal emphasizing the significance of documentary evidence in discharging the burden under the Customs Act, 1962. The origin of the seized gold and silver was not proven to be foreign, and the confiscation of Indian and Nepali currencies was found unjustified. The appellants' appeals were allowed, providing them with consequential relief. en-us Wed, 02 Sep 2020 00:00:00 +0530 Thu, 27 May 2021 11:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398058 The Tribunal set aside the order confiscating gold, silver, and currencies, as it was deemed not maintainable due to lack of valid evidence supporting foreign origin and smuggling allegations. Penalties imposed on the appellants were also overturned, with the Tribunal emphasizing the significance of documentary evidence in discharging the burden under the Customs Act, 1962. The origin of the seized gold and silver was not proven to be foreign, and the confiscation of Indian and Nepali currencies was found unjustified. The appellants' appeals were allowed, providing them with consequential relief. Case-Laws Customs Wed, 02 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398058