https://www.taxtmi.com/caselaws?id=49154 The revision application challenging the confiscation of loose diamonds and diamond-studded ornaments valued at Rs. 62,866.90 under Sections 111(d) and 112 of the Customs Act, 1962 partially succeeded. The court released certain goods with clear ownership but upheld the confiscation of items with disputed claims, emphasizing the importance of establishing ownership, origin, and reasonable belief in determining the validity of confiscation and penalty imposition. en-us Thu, 30 Sep 1993 00:00:00 +0530 Mon, 09 Aug 2010 18:22:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49154 The revision application challenging the confiscation of loose diamonds and diamond-studded ornaments valued at Rs. 62,866.90 under Sections 111(d) and 112 of the Customs Act, 1962 partially succeeded. The court released certain goods with clear ownership but upheld the confiscation of items with disputed claims, emphasizing the importance of establishing ownership, origin, and reasonable belief in determining the validity of confiscation and penalty imposition. Case-Laws Customs Thu, 30 Sep 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49154