https://www.taxtmi.com/caselaws?id=798405 Section 123 of the Customs Act shifts the burden of proving lawful acquisition of notified goods only after reasonable belief of smuggling is established through material evidence. Foreign markings, concealment, carrier statements, high purity and inconsistent explanations may support that threshold, while general invoices and stock records lacking a traceable link to seized gold do not discharge the reverse burden. Silver bullion without foreign markings, clandestine transport, or evidence of illicit import does not attract the presumption merely because of stock discrepancies. Indian currency requires cogent evidence connecting it to sale proceeds of smuggled goods before confiscation; suspicion cannot replace proof. en-us Wed, 02 Sep 2026 00:00:00 +0530 Mon, 07 Sep 2026 08:48:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798405 Section 123 of the Customs Act shifts the burden of proving lawful acquisition of notified goods only after reasonable belief of smuggling is established through material evidence. Foreign markings, concealment, carrier statements, high purity and inconsistent explanations may support that threshold, while general invoices and stock records lacking a traceable link to seized gold do not discharge the reverse burden. Silver bullion without foreign markings, clandestine transport, or evidence of illicit import does not attract the presumption merely because of stock discrepancies. Indian currency requires cogent evidence connecting it to sale proceeds of smuggled goods before confiscation; suspicion cannot replace proof. Case-Laws Customs Wed, 02 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798405