1999 (3) TMI 220

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..... ces weighing about 56 gms. and redemption fine of Rs. 18,000/-. The appellants have submitted that he had purchased the gold in the form of broken pieces from another person and that there was no markings of foreign country on these broken pieces and he had no knowledge that the goods were smuggled. He has, therefore, submitted that the seizure and confiscation of the gold was not justified. 2. .....

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..... y stating that he purchased it from a person of village Porakashia. His contention that there were no marking indicating the foreign origin of the gold is also not factually correct. As the item attracted the provisions of Section 123, the authorities cannot be faulted for confiscation of the gold in the absence of proper explanation by the possessor. However, the redemption fine is too high. Acco .....

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