Gold Carrier Liable for Penalty Even Without Ownership Proof; CESTAT Reduces Fine to Rs. 1 Lakh

HomeIndirect TaxesGold Carrier Liable for Penalty Even Without Ownership Proof; CESTAT Reduces Fine...

Gold Carrier Liable for Penalty Even Without Ownership Proof; CESTAT Reduces Fine to Rs. 1 Lakh

Indirect Taxes

Published on

14/04/2026

By Mariya Paliwala

Gold Carrier Liable for Penalty Even Without Ownership Proof; CESTAT Reduces Fine to Rs. 1 Lakh

🚀 Stay Connected With JurisHour

WhatsApp X Telegram

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata Bench, has held that a person found carrying smuggled gold cannot escape penalty merely by claiming to be a carrier. However, the penalty was reduced from Rs. 6 lakh to Rs. 1 lakh. The bench of Ashok Jindal (Judicial Member) has observed that gold is…

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

Mariya Paliwala https://www.jurishour.in/

Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

Gold Carrier Liable for Penalty Even Without Ownership Proof; CESTAT Reduces Fine to Rs. 1 Lakh

Membership Required

Latest articles

Can ED Invoke Emergency Attachment Powers Without Demonstrating Urgency? Karnataka High Court Answers

Bona Fide Purchaser Can’t Be Denied ITC Merely For Seller’s Deposit Tax Failure: Gauhati High Court

Yaba Seizure | Can Circumstantial Evidence Without Recovery Defeat Bail in NDPS Cases? Tripura HC Says Yes

Enhanced 60% Tax Under Amended S. 115BBE Can’t Be Imposed Retrospectively: Rajasthan HC

More like this

Can ED Invoke Emergency Attachment Powers Without Demonstrating Urgency? Karnataka High Court Answers

Bona Fide Purchaser Can’t Be Denied ITC Merely For Seller’s Deposit Tax Failure: Gauhati High Court

Yaba Seizure | Can Circumstantial Evidence Without Recovery Defeat Bail in NDPS Cases? Tripura HC Says Yes

About us

Company

Categories