CESTAT adjudicated a smuggling case involving gold and currency. ...

Gold Smuggling Case: Partial Relief Granted with Selective Confiscation and Penalty Reduction Under Section 123

May 16, 2025

Case Laws Customs AT

CESTAT adjudicated a smuggling case involving gold and currency. The tribunal partially allowed the appeal, holding that certain gold ornaments and one gold bar were not liable for confiscation due to discharged burden of proof under Section 123 of Customs Act. However, 26 gold biscuits were confiscated for lack of legitimate purchase documentation. The seized Indian currency of Rs.1,88,00,800 was ordered to be released. Penalties against two individuals were reduced to Rs.5,00,000 and Rs.2,00,000, while the penalty against the third individual was completely set aside. The appeals were disposed of with these specific directions.

View Source

← Previous Next →

CESTAT adjudicated a smuggling case involving gold and currency. ...

Gold Smuggling Case: Partial Relief Granted with Selective Confiscation and Penalty Reduction Under Section 123

May 16, 2025

Case Laws Customs AT

You may also like:

Smuggling - illegal importation of the seized gold - Confiscation of the gold and Indian currency - The Tribunal found no evidence linking the seized Indian currency to...

Absolute Confiscation of gold recovered during the course of search - imposition of penalties - The tribunal concluded that the customs authorities failed to establish a...

Appellant financed an individual for smuggling gold from Dubai and selling it in India. Penalty was imposed u/s 112(b)(i) of the Customs Act, 1962. The Commissioner held...

Customs Officers seized gold bars believing they were liable for confiscation under reasonable belief of smuggling. However, the gold was covered under proper documents,...

Absolute confiscation of gold - The case involved the confiscation of gold by customs authorities from a jeweler, who contested the allegations of smuggling and illegal...

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...

Smuggling - Absolute confiscation of three gold bars and one small piece of remelted gold - Penalty u/s 112(a) and (b)(i) of Customs Act - The Tribunal noted that the...

CESTAT ruled against absolute confiscation of gold and penalties under s.112(b) of Customs Act, 1962. Officers seized gold based on alleged smuggling from Bangladesh,...

CESTAT dismissed the Department's appeal, upholding the Commissioner (Appeals) order which had set aside penalties under Section 112(a) and 112(b)(i) of the Customs Act...

CESTAT allowed the appeal against confiscation of 449.300 gms of fine gold and penalties imposed on the appellants. It held that the department failed to produce any...

Confiscating absolutely seven gold bars having foreign make marking - Smuggling - Hyundai Verna Car - sufficient evidence to prove foreign origin goods - The Tribunal...

Smuggling - Absolute confiscation of the seized gold of foreign marking - Since the conditions for import of gold as per the notification issued by DGFT and the...

Confiscation - town Seizure - Gold of foreign origin having inscription of 2(two) Swastika symbol - revenue has failed to prove reasonable belief that being the gold in...

Smuggling - Confiscation of Gold - The gold being carried in the present facts and circumstances is neither of commercial quantity nor it was carrying the gold as the...

Smuggling of gold - Imposition of penalties u/s 112 - The appellants were intercepted along with their luggage, which was found to contain smuggled gold bars. However,...

Quick Updates: