29-Year-Old Customs Case: Supreme Court Rejects Writ for Confiscated Silver

Advertisement Rikhab Chand Jain Vs Union of India & Ors. (Supreme Court of India) The Supreme Court of India examined a civil appeal arising from a 29-year-old customs matter involving the seizure of 252.177 kilograms of alleged smuggled silver. The original confiscation order was passed on 7th May 1996 by the Commissioner of Customs and Central Excise, imposing a penalty of Rs. 50,000 on the appellant. The appellant subsequently challenged the penalty before the Customs, Excise and Gold (Control) Appellate Tribunal (CEGAT) under Section 129A(1) of the Customs Act, 1962. CEGAT dismissed...