Purchasing gold without bill doesn’t confirm act of smuggling of gold: CESTAT Delhi

Rajesh Sehgal Vs Principal Commissioner of Customs (CESTAT Delhi) CESTAT Delhi held that mere act of purchasing gold without bill is highly insufficient to confirm the grave allegations of conspiring the act of smuggling of gold. Accordingly, the order imposing penalty on the appellants and confiscating their money is held not sustainable. Facts- During search Indian currency of total value of INR 1,90,000/- along with four yellow coloured metal bars weighing 1 Kg. each, 11 numbers of cut pieces of yellow metal, 150 gm bar of yellow metal all bearing description ocument for the licit possessio...