Case Law Analysis
|Custom, Excise & Service Tax Tribunal
Section 123 Customs Act 1962 | Reasonable Belief Required to Trigger Presumption of Smuggling in Gold Seizures : CESTAT Kolkata
CESTAT Kolkata rules that mere possession of unmarked gold, without any corroborating intelligence or border-crossing context, cannot invoke the Section 123 presumption of smuggling. The burden remains squarely on the Revenue to prove intent and illicit movement, reinforcing procedural safeguards for travelers and traders against speculative seizures.