Penalty alleging foreign origin gold set aside as documents not examined by department: CESTAT Hyderabad

Manik Chand Soni Vs Commissioner of Central Tax (CESTAT Hyderabad)

CESTAT Hyderabad held that imposition of penalty on allegation of foreign origin gold set aside as department failed to examine the documents nor have given any specific findings on the defence of the assessee. Thus, order set aside and matter remanded back.

Facts- The case, in brief is that the Officers of customs intercepted certain consignment being transported by Courier Company at Domestic Air Cargo Complex, Hyderabad and, inter alia, found gold and gold jewellery belonging to different

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