https://www.taxtmi.com/caselaws?id=425378 Bail may be declined in a customs prosecution where recovery of foreign-origin gold bars from a concealed cavity, statements recorded under Section 108 of the Customs Act, 1962, and surrounding circumstances together provide prima facie evidence of conscious possession and involvement in smuggling. The Court treated the alleged offence as a serious economic one, noted its impact on the national economy, and found sufficient material to link the applicant to the illegal transportation of smuggled gold. On that basis, the application for bail was refused at this stage. en-us Mon, 18 Jul 2022 00:00:00 +0530 Fri, 22 Jul 2022 09:17:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425378 Bail may be declined in a customs prosecution where recovery of foreign-origin gold bars from a concealed cavity, statements recorded under Section 108 of the Customs Act, 1962, and surrounding circumstances together provide prima facie evidence of conscious possession and involvement in smuggling. The Court treated the alleged offence as a serious economic one, noted its impact on the national economy, and found sufficient material to link the applicant to the illegal transportation of smuggled gold. On that basis, the application for bail was refused at this stage. Case-Laws Customs Mon, 18 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425378