ALO Law Office- IDT Tax I Arbitration I Litigation
Date: 18.06.2025
CESTAT Kolkata Sets Aside Gold Confiscation
The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) β Kolkata Bench allowed the appeal of Appellant, setting aside the confiscation of gold bars, currency, and a vehicle seized in 2017. The Tribunal held that the Department failed to establish the smuggled nature of the gold and other items under the Customs Act, 1962.
Case Brief:
- Seizure Date: 29 March 2017
- Place of Seizure: Near Md. Ali Park, Kolkata
- Items Seized:
- 56 gold bars (approx. 7 kg)
- USD 3400 in foreign currency
- βΉ41,900 in Indian currency
- Hyundai i10 car
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 id intelconsul@gmail.com or on his Mobile +91-9999005379.
Source: CESTAT Kolkata
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