Contraband Gold Smuggled from Third Country of Origin is Liable to Absolute Confiscation: CESTAT Remands Matter to President for Fresh Consideration [Read Order]

By Kalyani B. Nair - On September 5, 2023 3:30 pm - 2 mins read

Contraband - Contraband Gold Smuggled from Third Country of Origin - Gold - Third Country of Origin - Confiscation - CESTAT - taxscan

The Kolkata Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), confirmed penalty imposed and noted that contraband gold smuggled from third country of origin is liable to absolute confiscation. The facts of the case are that on specific information received by P & I Branch, Kolkata on 19.05.2015, the appellant (1) to…

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