https://www.taxtmi.com/caselaws?id=423379 Gold smuggling simpliciter was held not to constitute a terrorist act under the UAPA because the provision is confined to conduct linked to damage to India's monetary stability through counterfeit currency or comparable material, and cannot be extended to gold absent a proven nexus with economic security. On bail, the Court found that Customs Act statements and surrounding circumstances did not justify sustaining the UAPA allegation, especially where the appellants had been in custody for a substantial period, the charge-sheet was filed, and trial was likely to take time. Continued incarceration was therefore unwarranted, and bail was granted. en-us Fri, 03 Jun 2022 00:00:00 +0530 Mon, 06 Jun 2022 08:28:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423379 Gold smuggling simpliciter was held not to constitute a terrorist act under the UAPA because the provision is confined to conduct linked to damage to India's monetary stability through counterfeit currency or comparable material, and cannot be extended to gold absent a proven nexus with economic security. On bail, the Court found that Customs Act statements and surrounding circumstances did not justify sustaining the UAPA allegation, especially where the appellants had been in custody for a substantial period, the charge-sheet was filed, and trial was likely to take time. Continued incarceration was therefore unwarranted, and bail was granted. Case-Laws Customs Fri, 03 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423379