1985 (3) TMI 293 - AT - Customs

Summary

The Appellate Tribunal CEGAT MADRAS ruled in favor of the appellants, ordering the release of confiscated gold ornaments and primary gold. The appellants were partners in a firm engaged in pawn broking. The primary gold resulted from melting a mangalsutra. The tribunal reduced the penalty imposed on the appellants to Rs. 2,500 each.