https://www.taxtmi.com/caselaws?id=40602 Gold bearing foreign markings seized from a scooter concealed in the petrol tank triggered the statutory presumption under Section 123 of the Customs Act, 1962. The evidence of seizure officers, the mechanic and an attesting witness, together with the accused's own statement, showed knowledge of the smuggled nature of the gold and failed to establish lawful possession or indigenous origin. The High Court therefore sustained the conviction for possession and transport of smuggled gold and refused to interfere with the sentence, holding that deterrent punishment was warranted for deliberate evasion of customs controls. en-us Fri, 22 Sep 1978 00:00:00 +0530 Tue, 11 May 2010 17:22:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40602 Gold bearing foreign markings seized from a scooter concealed in the petrol tank triggered the statutory presumption under Section 123 of the Customs Act, 1962. The evidence of seizure officers, the mechanic and an attesting witness, together with the accused's own statement, showed knowledge of the smuggled nature of the gold and failed to establish lawful possession or indigenous origin. The High Court therefore sustained the conviction for possession and transport of smuggled gold and refused to interfere with the sentence, holding that deterrent punishment was warranted for deliberate evasion of customs controls. Case-Laws Central Excise Fri, 22 Sep 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40602