https://www.taxtmi.com/caselaws?id=444782 CESTAT Kolkata dismissed Revenue's appeal challenging seizure of gold ornaments. The adjudicating authority found seized gold was not smuggled based on evidence: 99.5 purity gold lacked foreign markings and was shaped as ornaments rather than raw material. Court held reasonable belief of smuggling nature required for seizure was absent. Section 123 of Customs Act deemed inapplicable. Commissioner's detailed findings that goods were not smuggled in nature were upheld as legal and proper, warranting no interference. en-us Fri, 13 Oct 2023 00:00:00 +0530 Mon, 23 Oct 2023 08:45:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444782 CESTAT Kolkata dismissed Revenue's appeal challenging seizure of gold ornaments. The adjudicating authority found seized gold was not smuggled based on evidence: 99.5 purity gold lacked foreign markings and was shaped as ornaments rather than raw material. Court held reasonable belief of smuggling nature required for seizure was absent. Section 123 of Customs Act deemed inapplicable. Commissioner's detailed findings that goods were not smuggled in nature were upheld as legal and proper, warranting no interference. Case-Laws Customs Fri, 13 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444782