https://www.taxtmi.com/caselaws?id=51370 Customs Act confiscation of gold requires independent proof of illegal import where the goods were initially seized by police and later transferred to Customs, because the Section 123 presumption does not shift the burden to the possessor. Lawful acquisition may be supported by contemporaneous invoices, purchase-chain evidence, and confirmation from the seller and its bankers; absent contrary positive evidence, smuggling is not established. Proceedings also require a show cause notice within the prescribed six-month period after seizure. A notice issued after that period renders the proceedings unsustainable, requiring confiscation and penalty to be set aside. en-us Mon, 29 Jul 2002 00:00:00 +0530 Fri, 24 Sep 2010 13:33:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51370 Customs Act confiscation of gold requires independent proof of illegal import where the goods were initially seized by police and later transferred to Customs, because the Section 123 presumption does not shift the burden to the possessor. Lawful acquisition may be supported by contemporaneous invoices, purchase-chain evidence, and confirmation from the seller and its bankers; absent contrary positive evidence, smuggling is not established. Proceedings also require a show cause notice within the prescribed six-month period after seizure. A notice issued after that period renders the proceedings unsustainable, requiring confiscation and penalty to be set aside. Case-Laws Customs Mon, 29 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51370