https://www.taxtmi.com/caselaws?id=467321 Confiscation under the Customs Act requires reasonable belief that goods are smuggled, and retracted confessional statements cannot alone justify adverse action without independent corroboration. Gold bullion and coins bearing clear foreign markings were treated as lacking licit provenance, supporting confiscation. Jewellery and coins bearing Indian markings, BIS hallmarks, or supported by explanations of ancestral or declared origin lacked independent evidence of smuggling; their release was therefore affirmed. The appellate and Tribunal conclusions were sustained in part, with confiscation limited to bullion and coins bearing identifiable foreign markings. en-us Tue, 30 Jul 2024 00:00:00 +0530 Sat, 14 Mar 2026 18:48:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467321 Confiscation under the Customs Act requires reasonable belief that goods are smuggled, and retracted confessional statements cannot alone justify adverse action without independent corroboration. Gold bullion and coins bearing clear foreign markings were treated as lacking licit provenance, supporting confiscation. Jewellery and coins bearing Indian markings, BIS hallmarks, or supported by explanations of ancestral or declared origin lacked independent evidence of smuggling; their release was therefore affirmed. The appellate and Tribunal conclusions were sustained in part, with confiscation limited to bullion and coins bearing identifiable foreign markings. Case-Laws Customs Tue, 30 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467321