https://www.taxtmi.com/caselaws?id=450112 CESTAT Kolkata allowed the appeal against confiscation of 2332.800 gm foreign marked gold seized from appellant. The tribunal found appellant satisfactorily discharged burden of proof under Section 123 of Customs Act by providing BBC invoices within days of seizure, demonstrating licit possession. Department failed to prove falsity in evidence supplied by appellant. Minor clerical errors and internal notations on invoices were deemed insufficient grounds for confiscation. The tribunal quashed lower authority's orders, set aside gold confiscation and penalty, granting consequential relief to appellant. en-us Wed, 24 Jan 2024 00:00:00 +0530 Tue, 27 Feb 2024 17:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450112 CESTAT Kolkata allowed the appeal against confiscation of 2332.800 gm foreign marked gold seized from appellant. The tribunal found appellant satisfactorily discharged burden of proof under Section 123 of Customs Act by providing BBC invoices within days of seizure, demonstrating licit possession. Department failed to prove falsity in evidence supplied by appellant. Minor clerical errors and internal notations on invoices were deemed insufficient grounds for confiscation. The tribunal quashed lower authority's orders, set aside gold confiscation and penalty, granting consequential relief to appellant. Case-Laws Customs Wed, 24 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450112