The Hyderabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has set aside the confiscation of 10 gold biscuits and Indian currency amounting to Rs. 33.56 lakh, holding that mere foreign markings on gold cannot by themselves establish smuggling in the absence of corroborative evidence. The bench of Angad Prasad (Judicial Member)…
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