ALO Law Office- IDT Tax I Arbitration I Litigation
Date: 28.04.2025
CESTAT Allahabad Quashes Gold Confiscation Orders of Customs
The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) Allahabad, in its Final Order Nos. 70205-70210/2025 dated 24th April 2025, allowed multiple appeals against the confiscation of nearly 4 kilograms of gold and penalties imposed by the Commissioner, Customs (Preventive), Lucknow.
Key Background:
- Gold weighing 3998.83 grams valued at approximately Rs. 2.12 crore was seized from two individuals traveling by bus from Gorakhpur to Delhi.
- The seizure was made on a “reasonable belief” of smuggling under Section 110 of the Customs Act, 1962.
- Penalties were imposed under Section 112 of the Customs Act, 1962 against six individuals including employees of M/s Bajrang Bullion Traders.
This Article has been written by Shri Ravi Shekhar Jha, Advocate Delhi High Court based on his interpretation of the law. He can be reached at his email idย intelconsul@gmail.comย or on his Mobile +91-9999005379.
Source: CESTAT Allahabad
Handy Download:
Write to us at office@aadrikaalaw.com
Tel: +91-11-4999 2707 I +91-9999005379
Leave a Reply