https://www.taxtmi.com/caselaws?id=52473 The High Court set aside the absolute confiscation of 15 foreign marked gold biscuits seized from the appellant, directing a re-examination of the case. Despite the appellant's claim of licit acquisition through a duty paid baggage receipt produced post-seizure, doubts arose regarding its authenticity. The tribunal upheld the confiscation, denying redemption fine under Section 125, as the burden of proving the gold was not smuggled was not discharged. Refusal to grant redemption fine was upheld, emphasizing the need to convincingly prove the gold's licit nature. The penalty under Section 112 of the Customs Act, 1962 was affirmed, leading to the dismissal of the appeal. en-us Thu, 18 Dec 2003 00:00:00 +0530 Wed, 06 Oct 2010 10:29:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52473 The High Court set aside the absolute confiscation of 15 foreign marked gold biscuits seized from the appellant, directing a re-examination of the case. Despite the appellant's claim of licit acquisition through a duty paid baggage receipt produced post-seizure, doubts arose regarding its authenticity. The tribunal upheld the confiscation, denying redemption fine under Section 125, as the burden of proving the gold was not smuggled was not discharged. Refusal to grant redemption fine was upheld, emphasizing the need to convincingly prove the gold's licit nature. The penalty under Section 112 of the Customs Act, 1962 was affirmed, leading to the dismissal of the appeal. Case-Laws Customs Thu, 18 Dec 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52473