https://www.taxtmi.com/highlights?id=74975 Confiscating absolutely seven gold bars having foreign make marking - Smuggling - Hyundai Verna Car - sufficient evidence to prove foreign origin goods - The Tribunal found that there was insufficient evidence to establish that the seized gold bars were smuggled. Mere foreign markings on the gold bars were not enough to prove their foreign origin. Additionally, there was no evidence to support the claim that the nine other gold bars were used to conceal the smuggled gold bars. Therefore, the confiscation of both the gold bars and the Hyundai Verna car was deemed unjustified, and the impugned orders were set aside. en-us Sat, 17 Feb 2024 06:50:07 +0530 Sat, 17 Feb 2024 06:50:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=74975 Confiscating absolutely seven gold bars having foreign make marking - Smuggling - Hyundai Verna Car - sufficient evidence to prove foreign origin goods - The Tribunal found that there was insufficient evidence to establish that the seized gold bars were smuggled. Mere foreign markings on the gold bars were not enough to prove their foreign origin. Additionally, there was no evidence to support the claim that the nine other gold bars were used to conceal the smuggled gold bars. Therefore, the confiscation of both the gold bars and the Hyundai Verna car was deemed unjustified, and the impugned orders were set aside. Highlights Customs Sat, 17 Feb 2024 06:50:07 +0530 https://www.taxtmi.com/highlights?id=74975