https://www.taxtmi.com/caselaws?id=771837 The HC set aside CESTAT's order and upheld confiscation of crude gold bars worth Rs. 91,98,090 seized from respondent's possession. Court held that under Section 123 of Customs Act, 1962, burden of proof lies on person from whose possession goods are seized to prove they are not smuggled. Respondent failed to prove lawful acquisition of foreign-origin gold bars. Court found respondent was merely a carrier for smugglers who funded the litigation. While upholding confiscation, HC reduced penalty from original amount to Rs. 1,00,000 considering respondent's modest means. Appeal allowed. en-us Fri, 09 May 2025 00:00:00 +0530 Sat, 31 May 2025 08:47:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771837 The HC set aside CESTAT's order and upheld confiscation of crude gold bars worth Rs. 91,98,090 seized from respondent's possession. Court held that under Section 123 of Customs Act, 1962, burden of proof lies on person from whose possession goods are seized to prove they are not smuggled. Respondent failed to prove lawful acquisition of foreign-origin gold bars. Court found respondent was merely a carrier for smugglers who funded the litigation. While upholding confiscation, HC reduced penalty from original amount to Rs. 1,00,000 considering respondent's modest means. Appeal allowed. Case-Laws Customs Fri, 09 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771837