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CESTAT Upholds Confiscation of 26 Gold Biscuits, Releases Gold Ornaments, Gold Bar & ₹1.88 Crore Cash

Case Law Details

Case Name
Naresh Kumar Agarwalla Vs Commissioner of Customs (Preventive) (CESTAT Kolkata)
Date of Judgement/Order
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Naresh Kumar Agarwalla Vs Commissioner of Customs (Preventive) (CESTAT Kolkata) The CESTAT Kolkata considered appeals against an adjudication order directing absolute confiscation of seized gold biscuits, gold ornaments and a 1 kg gold bar, confiscation of ₹1,88,00,800 seized as alleged sale proceeds of smuggled gold, and penalties imposed under Section 112 of the Customs Act, 1962. The case arose after DRI officers intercepted Shri Atu Dutta on 27.12.2013 at Howrah Railway Station based on specific intelligence and recovered 26 gold biscuits concealed on his person, gold ornaments weighing ...
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Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 18,080

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