https://www.taxtmi.com/caselaws?id=765484 The Madras HC set aside the absolute confiscation order of gold jewelry seized from a petitioner intercepted at airport returning from Dubai. Following precedent in N. Kaliyamoorthy case, the court held that absolute confiscation under Section 125 of Customs Act, 1962 was not warranted. While undeclared goods can be treated as prohibited and subject to confiscation, the court remitted the case back to customs authority allowing redemption of gold upon payment of redemption fine. The petition was allowed. en-us Thu, 02 Jan 2025 00:00:00 +0530 Sat, 01 Feb 2025 08:41:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765484 The Madras HC set aside the absolute confiscation order of gold jewelry seized from a petitioner intercepted at airport returning from Dubai. Following precedent in N. Kaliyamoorthy case, the court held that absolute confiscation under Section 125 of Customs Act, 1962 was not warranted. While undeclared goods can be treated as prohibited and subject to confiscation, the court remitted the case back to customs authority allowing redemption of gold upon payment of redemption fine. The petition was allowed. Case-Laws Customs Thu, 02 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765484