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2010 (4) TMI 325 - AT - CustomsConfiscation- Department during the seizure find smuggled gold. the original authority confiscated the gold absolutely and he also imposed a penalty of Rs. 50,000/- on Shri Faiyaz Ahmed and a penalty of Rs. 50,000/- on Shri Sayed Zaki Ishrati. On appeal by Shri Zaki lshrati, Managing Director of M/s. Zarafahan Chemical (P) Ltd., Commissioner (Appeals) by impugned order upheld the order of the original authority. Held that- the Commissioner (Appeals) in upholding the confiscation of the gold treating them as foreign mark gold and holding that the appellant has failed to prove the licit nature does not call for any interference. The appeal is, therefore, rejected.
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