https://www.taxtmi.com/caselaws?id=432597 Seized gold balas with a definite ornamental shape, supported by local evidence, affidavits and photographs showing customary wear, are gold ornaments rather than primary gold under the Gold Control Act, 1968. Treating such articles as primary gold on surmise, without proper appreciation of the available evidence, cannot sustain confiscation or penalty. The confiscation and penalty order was therefore set aside, and the gold balas were released with consequential relief. en-us Fri, 06 Jan 2023 00:00:00 +0530 Mon, 09 Jan 2023 20:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432597 Seized gold balas with a definite ornamental shape, supported by local evidence, affidavits and photographs showing customary wear, are gold ornaments rather than primary gold under the Gold Control Act, 1968. Treating such articles as primary gold on surmise, without proper appreciation of the available evidence, cannot sustain confiscation or penalty. The confiscation and penalty order was therefore set aside, and the gold balas were released with consequential relief. Case-Laws Central Excise Fri, 06 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432597