2000 (2) TMI 645 - AT - Customs

Summary

The appeal was against the order confirming confiscation of Rs. 12 lakhs from the appellant's possession under Section 121 of the Act. The only evidence was a retracted statement about the money being proceeds of smuggled goods, but key details were unverified. The Tribunal found insufficient basis to support confiscation, so the appeal was allowed, and the impugned order was set aside.