https://www.taxtmi.com/caselaws?id=761767 In a complaint under Section 135 of the Customs Act, 1962, the HC granted regular bail where the applicant produced business records, GST and income-tax returns, stock registers and registration documents showing a registered gold and jewellery business. Although co-accused statements linked the seized gold and cash to the applicant and his brother, the Court found no clear material at the bail stage to prove foreign origin of the recovered jewellery, and treated the reverse burden under Section 123 as a trial issue. With the complaint already filed, custody exceeding four months, and no adequate basis to show flight risk, tampering, or witness influence, the applicant was held entitled to bail. en-us Fri, 08 Nov 2024 00:00:00 +0530 Sat, 16 Nov 2024 08:38:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761767 In a complaint under Section 135 of the Customs Act, 1962, the HC granted regular bail where the applicant produced business records, GST and income-tax returns, stock registers and registration documents showing a registered gold and jewellery business. Although co-accused statements linked the seized gold and cash to the applicant and his brother, the Court found no clear material at the bail stage to prove foreign origin of the recovered jewellery, and treated the reverse burden under Section 123 as a trial issue. With the complaint already filed, custody exceeding four months, and no adequate basis to show flight risk, tampering, or witness influence, the applicant was held entitled to bail. Case-Laws Customs Fri, 08 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761767