https://www.taxtmi.com/caselaws?id=430092 Regular bail was declined in a prosecution for alleged smuggling of foreign-origin gold bars because the investigation disclosed prima facie incriminating material, including statements recorded under Section 108 of the Customs Act, call detail records, and other circumstantial evidence indicating active participation in procurement and transport. The Court treated the matter as a serious economic offence with significant fiscal impact and found that release at that stage could interfere with the investigation and lead to tampering with evidence. On that basis, the application for regular bail was rejected. en-us Mon, 07 Nov 2022 00:00:00 +0530 Mon, 19 Jun 2023 11:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430092 Regular bail was declined in a prosecution for alleged smuggling of foreign-origin gold bars because the investigation disclosed prima facie incriminating material, including statements recorded under Section 108 of the Customs Act, call detail records, and other circumstantial evidence indicating active participation in procurement and transport. The Court treated the matter as a serious economic offence with significant fiscal impact and found that release at that stage could interfere with the investigation and lead to tampering with evidence. On that basis, the application for regular bail was rejected. Case-Laws Customs Mon, 07 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430092