https://www.taxtmi.com/caselaws?id=772157 CESTAT Allahabad held that customs authorities failed to establish reasonable belief for seizure of 3499.750gm gold bars allegedly smuggled from Myanmar. The tribunal found that retracted statements were insufficient evidence to prove smuggled nature of goods. Without foreign markings and seized from city location, Section 123 burden of proof provisions were not attracted. Appellants successfully discharged burden through bank transaction records and GST documentation, which revenue failed to verify. Proceedings violated natural justice principles by not providing DRI investigation report to appellants. Confiscation and penalty orders set aside, appeal allowed. en-us Mon, 05 May 2025 00:00:00 +0530 Thu, 05 Jun 2025 08:25:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772157 CESTAT Allahabad held that customs authorities failed to establish reasonable belief for seizure of 3499.750gm gold bars allegedly smuggled from Myanmar. The tribunal found that retracted statements were insufficient evidence to prove smuggled nature of goods. Without foreign markings and seized from city location, Section 123 burden of proof provisions were not attracted. Appellants successfully discharged burden through bank transaction records and GST documentation, which revenue failed to verify. Proceedings violated natural justice principles by not providing DRI investigation report to appellants. Confiscation and penalty orders set aside, appeal allowed. Case-Laws Customs Mon, 05 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772157