https://www.taxtmi.com/caselaws?id=47115 Under the Gold (Control) Act, the power to permit payment of fine in lieu of confiscation is discretionary and creates no enforceable right in the person from whom gold is seized. The statutory limit for a certified goldsmith is a ceiling on possession; once that limit is exceeded, the contravention is complete and the entire recovered quantity may be confiscated, not merely the excess above 300 grammes. The proviso protecting third-party interests and absence of knowledge or connivance does not apply where the conduct shows conscious involvement in converting jewellery into primary gold for transport. For limitation, the six-month period for a show cause notice runs from seizure under the Act by the competent authorities, not from an earlier police seizure in a different matter. en-us Mon, 08 Mar 2004 00:00:00 +0530 Tue, 27 Jul 2010 10:55:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47115 Under the Gold (Control) Act, the power to permit payment of fine in lieu of confiscation is discretionary and creates no enforceable right in the person from whom gold is seized. The statutory limit for a certified goldsmith is a ceiling on possession; once that limit is exceeded, the contravention is complete and the entire recovered quantity may be confiscated, not merely the excess above 300 grammes. The proviso protecting third-party interests and absence of knowledge or connivance does not apply where the conduct shows conscious involvement in converting jewellery into primary gold for transport. For limitation, the six-month period for a show cause notice runs from seizure under the Act by the competent authorities, not from an earlier police seizure in a different matter. Case-Laws Central Excise Mon, 08 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47115