https://www.taxtmi.com/caselaws?id=783030 The CESTAT, New Delhi upheld absolute confiscation of 19 foreign-marked gold coins/bars and the penalties imposed under section 112(b)(i) of the Customs Act, 1962. The goods were seized from the appellant's possession, attracting the reverse burden of proof under section 123. The appellant's bare assertion that the coins, allegedly 15-20 years old and used for worship, were lawful was unsupported by any documentary or credible evidence. As the statutory burden was not discharged and no other substantive contention was raised, the Tribunal dismissed the appeal in toto. en-us Mon, 08 Dec 2025 00:00:00 +0530 Tue, 09 Dec 2025 08:41:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783030 The CESTAT, New Delhi upheld absolute confiscation of 19 foreign-marked gold coins/bars and the penalties imposed under section 112(b)(i) of the Customs Act, 1962. The goods were seized from the appellant's possession, attracting the reverse burden of proof under section 123. The appellant's bare assertion that the coins, allegedly 15-20 years old and used for worship, were lawful was unsupported by any documentary or credible evidence. As the statutory burden was not discharged and no other substantive contention was raised, the Tribunal dismissed the appeal in toto. Case-Laws Customs Mon, 08 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783030