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2005 (6) TMI 559 - AT - CustomsExtract: .......are setting aside the confiscation of the gold on the ground that it is lawfully purchased by Imtiaz Iqbal Pothiawala and the sale is out of that legally procured gold. Therefore, confiscation of currency is also set aside. Consequently, the confiscation of jeep from which the gold is recovered and penalties are also set aside. Appeals are allowed.
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