https://www.taxtmi.com/caselaws?id=40913 Under section 79 of the Gold (Control) Act, 1968, extension of time for issuing a show-cause notice was not conditioned on prior notice or hearing, because the provision did not require a quasi-judicial determination on sufficient cause as in the Customs Act. A notice issued within the extended period therefore remained valid, and the confiscation and penalty proceedings were not void on limitation grounds. The authority also considered the petitioners' explanation for possession of the seized gold and rejected it on factual and statutory grounds, noting that the seized article was primary gold and the explanation concerning standard gold bars was untenable. The confiscation and penalty orders were sustained. en-us Fri, 26 Sep 1980 00:00:00 +0530 Tue, 18 May 2010 10:11:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40913 Under section 79 of the Gold (Control) Act, 1968, extension of time for issuing a show-cause notice was not conditioned on prior notice or hearing, because the provision did not require a quasi-judicial determination on sufficient cause as in the Customs Act. A notice issued within the extended period therefore remained valid, and the confiscation and penalty proceedings were not void on limitation grounds. The authority also considered the petitioners' explanation for possession of the seized gold and rejected it on factual and statutory grounds, noting that the seized article was primary gold and the explanation concerning standard gold bars was untenable. The confiscation and penalty orders were sustained. Case-Laws Customs Fri, 26 Sep 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40913