https://www.taxtmi.com/caselaws?id=42436 The High Court upheld the trial judge's decision in a Customs Act case, focusing on the interpretation of "silver bullion." Emphasizing common commercial understanding, the court ruled that bullion refers to uncoined precious metal bars or ingots, excluding manufactured articles. Scrutinizing relevant Customs Act sections, the court highlighted penalties for violations and the importance of interpreting legal terms based on common understanding. Witness testimonies and legislative intent analysis were considered, leading to the dismissal of the appeal. The Supreme Court declined to hear the case, finding no significant public interest question for review. en-us Mon, 22 Jul 1985 00:00:00 +0530 Fri, 11 Jun 2010 12:26:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=42436 The High Court upheld the trial judge's decision in a Customs Act case, focusing on the interpretation of "silver bullion." Emphasizing common commercial understanding, the court ruled that bullion refers to uncoined precious metal bars or ingots, excluding manufactured articles. Scrutinizing relevant Customs Act sections, the court highlighted penalties for violations and the importance of interpreting legal terms based on common understanding. Witness testimonies and legislative intent analysis were considered, leading to the dismissal of the appeal. The Supreme Court declined to hear the case, finding no significant public interest question for review. Case-Laws Customs Mon, 22 Jul 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=42436