https://www.taxtmi.com/caselaws?id=53147 For non-notified but restricted goods, customs authorities may rely on circumstantial evidence, contemporaneous statements and adverse inference to form a reasonable belief of smuggled origin where lawful possession is unsupported by stock records or documents. On those facts, confiscation of the silver was upheld, and belated retractions and criminal acquittal did not negate the departmental finding. Penalties were not disturbed in principle, but the quantum was moderated in light of the overall circumstances: the refinery owner's penalty was reduced, while the supervisor's penalty was maintained. en-us Fri, 13 Feb 2004 00:00:00 +0530 Tue, 25 Jun 2024 14:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53147 For non-notified but restricted goods, customs authorities may rely on circumstantial evidence, contemporaneous statements and adverse inference to form a reasonable belief of smuggled origin where lawful possession is unsupported by stock records or documents. On those facts, confiscation of the silver was upheld, and belated retractions and criminal acquittal did not negate the departmental finding. Penalties were not disturbed in principle, but the quantum was moderated in light of the overall circumstances: the refinery owner's penalty was reduced, while the supervisor's penalty was maintained. Case-Laws Customs Fri, 13 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53147