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Customs - Highlights / Catch Notes

Home Highlights September 2021 Year 2021 This

Smuggling - Gold of Foreign Origin - Commissioner Of Customs ...

Customs

September 2, 2021

Smuggling - Gold of Foreign Origin - Commissioner Of Customs (Appeals) quashed the confiscation and penalty - There were no grounds for reasonable belief at the time of seizure that the gold bars were of foreign origin and smuggled. Subsequent investigation has also not established that the gold bars were smuggled and therefore the provisions of Sec 123 of the Customs Act is not invocable - the respondent has submitted all relevant documents in support of his domestic licit acquisition supported by GST Purchase Invoices. - AT

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