Prohibited goods classification can include foreign origin gold imported contrary to restrictions, risking confiscation and penalties. Foreign origin gold imported or possessed in breach of statutory prohibitions or restrictions qualifies as prohibited goods and may be treated as smuggled ... Summary
Prohibited goods classification can include foreign origin gold imported contrary to restrictions, risking confiscation and penalties.
Foreign origin gold imported or possessed in breach of statutory prohibitions or restrictions qualifies as prohibited goods and may be treated as smuggled where lawful importation is not established; under the confiscation and penalty framework, absence of documentary proof can justify absolute confiscation instead of provisional release and exposure to penalty provisions for those handling the goods.
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