pertained to an
assessee who was engaged in the business of
smuggling of currency notes and for whom
confiscation of the currency notes ... supra) the assessee
was found to be in the business of smuggling of
currency notes and to that it was found that
confiscation of currency
which the three detenus were in the process of smuggling diamonds and currency notes was itself indicative of they having received training in this behalf ... which the three detenus were in the process of smuggling diamonds and currency notes was itself indicative of they having received training in this behalf
Balakrishna H N vs State Of Karnataka on 3 January, 2023
Author: M. Nagaprasanna
Bench
economic offences,
illegal trading in narcotics and psychotropic
substances, counterfeiting of currency, smuggling of
antiques, acts endangering wildlife and environment,
cybercrimes, serious frauds of banking
value of the smuggled goods shall be liable to confiscation.
SECTION 121. Confiscation of sale-proceeds of smuggled
goods. - Where any smuggled goods are sold ... other hand, if anyone smuggles
currency (Indian or foreign) into India, such currency will be
„smuggled goods‟ themselves.
18. The third important section
Indian
Currencies. The statements of the employees were not enough to
conclude that the Indian Currencies were the sale proceeds of the
smuggled gold ... claim the said
currency and/or disowned the same. There is no evidence for holding
these currencies as sale proceeds of smuggled gold. The essential
said foreign &
Indian currency appeared to have been smuggled/attempted to be
smuggled out of India by Shri Bharat Hemrajani and Shri Manoj
Phulwani ... Shri Bharat Hemrajani and Shri Manoj Phulwani have
attempted to smuggle the said currency out of India by way of
concealing the same inside their
Section
113(d) cannot be invoked as the recovery of foreign
currency/Indian currency and gold bars was done at the residential
premises ... since
September 2016 , they have smuggled around 12 to 13 Kgs of gold
inside India and smuggled out foreign currency equivalent
with 8 kg heroin and Rs.4.35 lacs of Indian currency, was smuggled from
Pakistan during intervening night of 04/05.08.2012
Neutral Citation Number is 2023/DHC/001268
the smuggling of foreign currency amounting to ₹1,28,81,650/-.
It is alleged that he has deliberately ... also found that Sh. Jagdeep
Singh was involved in the smuggling of the foreign currency at
the direction of Sh. Rakesh Godara; that the premises
