Currency seized during investigation as evidence of Hawala transactions is a ‘thing’ under Section 110(3) of the Customs Act and not ‘goods’ – Six-month time limit for issuance of SCN inapplicable

Currency seized during investigation as evidence of Hawala transactions is a ‘thing’ under Section 110(3) of the Customs Act and not ‘goods’ – Six-month time limit for issuance of SCN inapplicable https://www.taxtmi.com/article/detailed?id=17438 Currency seized as evidence of hawala transactions, illegal gratification, or fraudulent licence closures may be a thing under Section 110(3) rather than goods under Section 110(1). The six-month show-cause notice safeguard applies to goods seized for confiscation, not to documents or things useful or relevant to Customs proceedings. Retention of currency as evidentiary material has no prescribed outer time limit, but requires a bona fide seizure and demonstrable nexus to the investigation. en-us Mon, 21 Sep 2026 08:57:39 +0530 Mon, 21 Sep 2026 08:57:40 +0530 TaxTMI RSS Generator Currency seized during investigation as evidence of Hawala transactions is a ‘thing’ under Section 110(3) of the Customs Act and not ‘goods’ – Six-month time limit for issuance of SCN inapplicable https://www.taxtmi.com/article/detailed?id=17438 Currency seized as evidence of hawala transactions, illegal gratification, or fraudulent licence closures may be a thing under Section 110(3) rather than goods under Section 110(1). The six-month show-cause notice safeguard applies to goods seized for confiscation, not to documents or things useful or relevant to Customs proceedings. Retention of currency as evidentiary material has no prescribed outer time limit, but requires a bona fide seizure and demonstrable nexus to the investigation. Articles Customs - Import - Export - SEZ Mon, 21 Sep 2026 08:57:39 +0530 https://www.taxtmi.com/article/detailed?id=17438