https://www.taxtmi.com/caselaws?id=440045 The penalties imposed for smuggling gold of foreign origin were reduced from Rs. 4,00,000/- to Rs. 1,00,000/- each for the first two Appellants. The confiscation of the vehicle used in the smuggling activity was set aside for the third Appellant, Shri Mithun Ghosh, as he was found not to be involved and had lent his vehicle unknowingly. The Bench determined that the lower Authorities were correct in confiscating the gold and imposing penalties, but the decision regarding the vehicle confiscation and penalty on Shri Mithun Ghosh was set aside. en-us Mon, 12 Jun 2023 00:00:00 +0530 Sat, 08 Jul 2023 07:37:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440045 The penalties imposed for smuggling gold of foreign origin were reduced from Rs. 4,00,000/- to Rs. 1,00,000/- each for the first two Appellants. The confiscation of the vehicle used in the smuggling activity was set aside for the third Appellant, Shri Mithun Ghosh, as he was found not to be involved and had lent his vehicle unknowingly. The Bench determined that the lower Authorities were correct in confiscating the gold and imposing penalties, but the decision regarding the vehicle confiscation and penalty on Shri Mithun Ghosh was set aside. Case-Laws Customs Mon, 12 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440045