https://www.taxtmi.com/caselaws?id=798874 Presumption of smuggling for seized gold arises only when reasonable belief rests on objective material connecting the particular gold to illicit importation. Re-melted gold found domestically, without foreign markings, a traceable foreign source, or evidence of an illicit import route, does not establish foreign origin. Unexplained inconsistencies between FASTag records and the Panchanama, uncorroborated retracted statements, and denial of cross-examination undermine the evidentiary basis. Pre-existing tax invoices, supplier confirmation, and banking records support domestic acquisition. Confiscation under Sections 111(d) and 111(o) was not established, and consequential penalties under Sections 112(a) and 112(b) could not survive. en-us Thu, 10 Sep 2026 00:00:00 +0530 Mon, 14 Sep 2026 08:32:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798874 Presumption of smuggling for seized gold arises only when reasonable belief rests on objective material connecting the particular gold to illicit importation. Re-melted gold found domestically, without foreign markings, a traceable foreign source, or evidence of an illicit import route, does not establish foreign origin. Unexplained inconsistencies between FASTag records and the Panchanama, uncorroborated retracted statements, and denial of cross-examination undermine the evidentiary basis. Pre-existing tax invoices, supplier confirmation, and banking records support domestic acquisition. Confiscation under Sections 111(d) and 111(o) was not established, and consequential penalties under Sections 112(a) and 112(b) could not survive. Case-Laws Customs Thu, 10 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798874