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Issues involved: Confiscation of gold and foreign currency, imposition of penalties, invocation of Customs Act and FEMA provisions, differentiation of cases, limitation of time for show cause notice.
Confiscation of Gold: The lower Authority ordered absolute confiscation of gold from Appellant No. 1 and imposed a penalty. The gold did not have foreign markings, and the Department failed to prove its smuggled nature. The Tribunal found that the gold was not confiscable under Section 111(d) of the Customs Act, 1962. Citing legal precedents, the Tribunal set aside the confiscation and penalty, allowing the appeal. Confiscation of Foreign Currency: The foreign currency seized from Appellant No. 2 was ordered to be confiscated under Customs Act and FEMA provisions. However, the Tribunal noted that the currency was not related to the case of Appellant No. 1 and that it was brought legally by a Bangladeshi resident for medical treatment. The lower adjudicating authority did not consider crucial evidence, leading to the setting aside of the confiscation order. The case was remanded for fresh consideration, emphasizing the legal importation of foreign currency below a certain limit without declaration. Differentiation of Cases and Time Limitation: The Tribunal agreed that the gold and foreign currency cases were distinct. Appellant No. 1 argued that the show cause notice was time-barred under Section 110(2) of the Customs Act, 1962. The Tribunal found no link between the two cases and set aside the order regarding the foreign currency, remanding it for further review. The appeals were disposed of accordingly on 29-1-2010.
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