https://www.taxtmi.com/caselaws?id=411730 The Tribunal upheld the Commissioner (Appeals)'s decision, ruling in favor of the respondent by directing the release of the seized gold and Indian currency. The Tribunal found that the respondent had adequately proven the legal acquisition of the gold and legitimacy of the cash through comprehensive documentation, while the Revenue failed to establish the smuggled nature of the goods and the illicit origin of the currency. The Tribunal dismissed the Revenue's appeal, emphasizing the insufficiency of evidence supporting the confiscation of the assets. en-us Fri, 27 Aug 2021 00:00:00 +0530 Thu, 02 Sep 2021 08:58:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411730 The Tribunal upheld the Commissioner (Appeals)'s decision, ruling in favor of the respondent by directing the release of the seized gold and Indian currency. The Tribunal found that the respondent had adequately proven the legal acquisition of the gold and legitimacy of the cash through comprehensive documentation, while the Revenue failed to establish the smuggled nature of the goods and the illicit origin of the currency. The Tribunal dismissed the Revenue's appeal, emphasizing the insufficiency of evidence supporting the confiscation of the assets. Case-Laws Customs Fri, 27 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411730