https://www.taxtmi.com/caselaws?id=41398 Reasonable belief for seizure under Section 178A of the Sea Customs Act was satisfied on the information available to the seizing officers at the time of seizure, as the contemporaneous record treated the gold as suspected smuggled goods. However, confiscation could not be sustained because the authorities ignored corroborative books, seller entries, and evidence of melting and refinery transactions, and instead relied on speculative assumptions about high-fineness gold. On that record, the adverse findings were unsupported by adequate material, so the confiscation and penalty-related orders were set aside insofar as they related to the gold and zinc ballast. en-us Tue, 23 Mar 1982 00:00:00 +0530 Wed, 02 Jun 2010 17:32:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41398 Reasonable belief for seizure under Section 178A of the Sea Customs Act was satisfied on the information available to the seizing officers at the time of seizure, as the contemporaneous record treated the gold as suspected smuggled goods. However, confiscation could not be sustained because the authorities ignored corroborative books, seller entries, and evidence of melting and refinery transactions, and instead relied on speculative assumptions about high-fineness gold. On that record, the adverse findings were unsupported by adequate material, so the confiscation and penalty-related orders were set aside insofar as they related to the gold and zinc ballast. Case-Laws Customs Tue, 23 Mar 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41398