https://www.taxtmi.com/caselaws?id=407958 The tribunal upheld the applicability of Section 123 of the Customs Act to seized gold, shifting the burden of proof to demonstrate non-smuggled nature. Confiscation of gold jewellery under Section 123 was deemed inapplicable. Cash confiscation under Section 121 was set aside due to lack of proof. Officers' reasonable belief on smuggled goods was upheld. Confiscation under Sections 111(d) and 111(i) was upheld, but not under Section 111(p). Penalties under Section 112 were reduced for involvement with smuggled gold. The appeals were partly allowed, setting aside confiscation of gold jewellery and cash, and reducing penalties imposed. en-us Tue, 25 May 2021 00:00:00 +0530 Thu, 27 May 2021 08:35:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407958 The tribunal upheld the applicability of Section 123 of the Customs Act to seized gold, shifting the burden of proof to demonstrate non-smuggled nature. Confiscation of gold jewellery under Section 123 was deemed inapplicable. Cash confiscation under Section 121 was set aside due to lack of proof. Officers' reasonable belief on smuggled goods was upheld. Confiscation under Sections 111(d) and 111(i) was upheld, but not under Section 111(p). Penalties under Section 112 were reduced for involvement with smuggled gold. The appeals were partly allowed, setting aside confiscation of gold jewellery and cash, and reducing penalties imposed. Case-Laws Customs Tue, 25 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407958