2005 (4) TMI 357

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..... Nair, Member (T) (Oral)]. The appellant is a Thailand Citizen, living and working in Chennai. On 14-3-2001 he boarded a plane to Singapore via Bangkok. He had in his possession, foreign currency valued at 20,000/- US $. The Customs authorities seized the currency, and under the impugned order, the same has been confiscated. The ground for confiscation is that at the time of Customs clearance .....

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..... 3. As per law, there was no requirement to make a declaration at the time of leaving India about the possession of currency. The Currency in the possession of the appellant was also within the limit permitted by the RBI. There is no allegation or finding that the appellant was involved in any money laundering or in any other offence. In the circumstances, we are of the opinion that confiscation of .....

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