https://www.taxtmi.com/caselaws?id=797133 Foreign-origin gold seized on a reasonable belief of smuggling attracts the statutory burden under Section 123 of the Customs Act, 1962. The possessor and claimant-owner must establish lawful import; foreign markings, transport through an Angadia firm and absence of import evidence supported confiscation. Domestic purchase invoices that cannot be correlated with lawful import do not discharge this burden. The gold was therefore liable to confiscation, subject to redemption on payment of fine. Handling and transporting goods whose lawful source was not established also justified penalty, which remained enforceable along with confiscation and redemption consequences. en-us Tue, 14 Jul 2026 00:00:00 +0530 Tue, 18 Aug 2026 08:35:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797133 Foreign-origin gold seized on a reasonable belief of smuggling attracts the statutory burden under Section 123 of the Customs Act, 1962. The possessor and claimant-owner must establish lawful import; foreign markings, transport through an Angadia firm and absence of import evidence supported confiscation. Domestic purchase invoices that cannot be correlated with lawful import do not discharge this burden. The gold was therefore liable to confiscation, subject to redemption on payment of fine. Handling and transporting goods whose lawful source was not established also justified penalty, which remained enforceable along with confiscation and redemption consequences. Case-Laws Customs Tue, 14 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797133