1998 (8) TMI 240 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai upheld the confiscation of 7.818 kg of silver due to violation of Customs Act provisions. The silver was seized in Kolhapur, beyond the specified area of 100 km from the coast. The appellant acquired the silver in Bombay without valid transport documents. The tribunal considered the small quantity involved and allowed redemption of the silver on payment of a fine of Rs. 20,000, setting aside the penalty.