https://www.taxtmi.com/caselaws?id=50536 The Tribunal set aside the order for the seizure of silver bars weighing less than 30 kgs, citing violations of guidelines under the Customs Act. The appellant, a jeweler, argued that the seizure was unjustified as the bars did not bear foreign markings and were below 2 kgs each. The Counsel referenced circulars prohibiting the application of Section 123 for silver bullion under 100 kgs without specific conditions. Emphasizing inconsistencies with government policy, the Tribunal directed the return of confiscated goods and the refund of penalties, aligning with previous decisions on similar cases. en-us Thu, 08 Mar 2001 00:00:00 +0530 Mon, 23 Aug 2010 12:40:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50536 The Tribunal set aside the order for the seizure of silver bars weighing less than 30 kgs, citing violations of guidelines under the Customs Act. The appellant, a jeweler, argued that the seizure was unjustified as the bars did not bear foreign markings and were below 2 kgs each. The Counsel referenced circulars prohibiting the application of Section 123 for silver bullion under 100 kgs without specific conditions. Emphasizing inconsistencies with government policy, the Tribunal directed the return of confiscated goods and the refund of penalties, aligning with previous decisions on similar cases. Case-Laws Customs Thu, 08 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50536