2000 (3) TMI 768 - AT - Customs

Summary

The appellate tribunal in Mumbai allowed the appeal regarding the confiscation of Indian currency worth Rs. 1,68,500/- seized from the appellant. The tribunal found that there was insufficient evidence to prove that the currency was the sale proceeds of smuggled goods as required by Section 121 of the Act. The tribunal concluded that the Department failed to establish this connection and set aside the confiscation of the currency.