Mere Absence of Heavy Machinery Not Proof of Diversion of Imported Gold & Silver

P P Jewellers & Diamonds Pvt. Ltd. Vs Commissioner of Customs (Preventive) (CESTAT Delhi) The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Delhi, examined multiple appeals challenging an order dated 08.01.2024 passed by the Commissioner of Customs (Preventive), Jodhpur. The Commissioner had confiscated seized silver jewellery, confirmed a customs duty demand of ₹1,44,04,165 along with interest, and imposed penalties on an SEZ unit, associated entities, and several individuals. Background of the Dispute The SEZ unit was engaged in the manufacture and export of silver and g...