https://www.taxtmi.com/caselaws?id=772756 CESTAT Kolkata upheld confiscation of 26 gold biscuits (4326.40 grams, valued at Rs.1,14,51,980) under Section 111(b) and (d) of Customs Act, 1962, seized from concealed location in car fuel tank. Gold was foreign-origin without legal procurement documents. Appellant's ownership claim rejected as unsupported by documentary evidence and made only after four months of seizure. However, penalty under Section 112(b)(i) was set aside as appellant's involvement in smuggling was not established through investigation. en-us Thu, 12 Jun 2025 00:00:00 +0530 Fri, 13 Jun 2025 08:41:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772756 CESTAT Kolkata upheld confiscation of 26 gold biscuits (4326.40 grams, valued at Rs.1,14,51,980) under Section 111(b) and (d) of Customs Act, 1962, seized from concealed location in car fuel tank. Gold was foreign-origin without legal procurement documents. Appellant's ownership claim rejected as unsupported by documentary evidence and made only after four months of seizure. However, penalty under Section 112(b)(i) was set aside as appellant's involvement in smuggling was not established through investigation. Case-Laws Customs Thu, 12 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772756