https://www.taxtmi.com/caselaws?id=789554 A cryptic stay order was found unsustainable because the Tribunal did not give independent reasons, did not address the Revenue's evidence, and failed to consider the statutory presumption under Section 123 of the Customs Act, 1962 in a foreign-origin gold matter. The High Court noted that Section 123 reverses the burden of proof and is a material factor in adjudication, so a non-speaking order shows non-application of mind and frustrates judicial review. The matter was remanded to the Tribunal for fresh de novo consideration with a reasoned order after hearing both sides. en-us Thu, 09 Apr 2026 00:00:00 +0530 Fri, 10 Apr 2026 09:00:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789554 A cryptic stay order was found unsustainable because the Tribunal did not give independent reasons, did not address the Revenue's evidence, and failed to consider the statutory presumption under Section 123 of the Customs Act, 1962 in a foreign-origin gold matter. The High Court noted that Section 123 reverses the burden of proof and is a material factor in adjudication, so a non-speaking order shows non-application of mind and frustrates judicial review. The matter was remanded to the Tribunal for fresh de novo consideration with a reasoned order after hearing both sides. Case-Laws Customs Thu, 09 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789554