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2022 (3) TMI 871 - AT - CustomsMis-declaration of imported goods - gold/silver dore bars - excess quantity of gold bars - instead of 74 bars (as per packing list), the officers found 76 bars - confiscation - imposition of redemption fine and penalty - HELD THAT:- The gold is sold by weight and not by number of pieces. Admittedly, in the facts of the present case, the gross weight of the packing as reduced by packing materials, the net weight of the gold dorebars matches with the import documents. Thus, there is no case of mis-declaration or any excess weight of gold dore bars found by Revenue, as per the admitted facts. The whole exercise - proceedings for confiscation and penalty is only for the alleged excess quantity, that dore gold bars are more than the numbers mentioned in the packing list and the invoice, is wholly mis-conceived - Appeal dismissed - decided against Revenue.
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