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HomeIndirect TaxesForeign Markings Alone Can’t Prove Smuggling: CESTAT Quashes Confiscation Of Gold &...

Foreign Markings Alone Can’t Prove Smuggling: CESTAT Quashes Confiscation Of Gold & Cash

Indirect Taxes

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By Mariya Paliwala
CESTAT Gold smuggling

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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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Mariya Paliwala
Mariya Paliwalahttps://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.

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