https://www.taxtmi.com/caselaws?id=750697 The HC allowed the Revenue's appeal in a gold smuggling case involving two kilograms of gold with Swiss markings. The court found that appellate authorities incorrectly relied solely on an invoice to establish legal possession, ignoring the burden under Section 123 of the Customs Act. The intercepted person's statement under Section 108, though partially retracted, provided sufficient evidence when corroborated with physical evidence of foreign-manufactured gold. The court held that the owner failed to prove the gold was legally imported through proper customs procedures. The original authority's confiscation order was restored, and the respondent was ordered to pay costs of Rs. 5,000. en-us Thu, 21 Mar 2024 00:00:00 +0530 Wed, 27 Mar 2024 22:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=750697 The HC allowed the Revenue's appeal in a gold smuggling case involving two kilograms of gold with Swiss markings. The court found that appellate authorities incorrectly relied solely on an invoice to establish legal possession, ignoring the burden under Section 123 of the Customs Act. The intercepted person's statement under Section 108, though partially retracted, provided sufficient evidence when corroborated with physical evidence of foreign-manufactured gold. The court held that the owner failed to prove the gold was legally imported through proper customs procedures. The original authority's confiscation order was restored, and the respondent was ordered to pay costs of Rs. 5,000. Case-Laws Customs Thu, 21 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=750697