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Customs - Highlights / Catch Notes

Home Highlights March 2023 Year 2023 This

Confiscation - Foreign marked gold bars - Unless this condition ...

March 25, 2023

Case Laws     Customs     AT

Confiscation - Foreign marked gold bars - Unless this condition of the import (only by a notified agency) is fulfilled, gold is a prohibited good. The appellant also does not dispute that the gold can be imported only by the nominated agencies. If gold is imported by anyone else, it will be prohibited goods. - The gold bars and piece of gold were correctly held liable for confiscation under section 111(d) by the adjudicating authority - AT

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