https://www.taxtmi.com/caselaws?id=401628 The Tribunal dismissed the smuggling charges and penalties imposed on the appellants due to insufficient evidence to prove the gold as of foreign origin. The conversion of absolute confiscation into a redemption option was deemed legally questionable and set aside. The reliance on retracted statements without corroborative evidence was scrutinized, emphasizing the burden of proof on the prosecution in smuggling cases. The lack of concrete evidence and the presence of a legitimate invoice and absence of foreign markings on the gold bars undermined the smuggling allegations, leading to the dismissal of charges. en-us Mon, 07 Dec 2020 00:00:00 +0530 Sat, 12 Dec 2020 07:57:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401628 The Tribunal dismissed the smuggling charges and penalties imposed on the appellants due to insufficient evidence to prove the gold as of foreign origin. The conversion of absolute confiscation into a redemption option was deemed legally questionable and set aside. The reliance on retracted statements without corroborative evidence was scrutinized, emphasizing the burden of proof on the prosecution in smuggling cases. The lack of concrete evidence and the presence of a legitimate invoice and absence of foreign markings on the gold bars undermined the smuggling allegations, leading to the dismissal of charges. Case-Laws Customs Mon, 07 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401628