https://www.taxtmi.com/caselaws?id=72297 Foreign-origin zip fasteners were treated as smuggled goods where the respondents admitted possession but produced a supporting invoice only after inordinate delay, without a convincing explanation. Late production of the invoice, inconsistent accounts about movement and storage, and contemporaneous statements and recoveries together outweighed the defence. The recorded statements, though later retracted, were found reliable when corroborated by additional statements and recovery of more foreign-origin goods from connected car and premises. Confiscation and penalties were sustained, redemption on fine was allowed because the goods were not notified items, and the penalty structure was modified only partly, including one penalty set aside and another reduced. en-us Mon, 09 Sep 1985 00:00:00 +0530 Wed, 18 May 2011 12:48:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72297 Foreign-origin zip fasteners were treated as smuggled goods where the respondents admitted possession but produced a supporting invoice only after inordinate delay, without a convincing explanation. Late production of the invoice, inconsistent accounts about movement and storage, and contemporaneous statements and recoveries together outweighed the defence. The recorded statements, though later retracted, were found reliable when corroborated by additional statements and recovery of more foreign-origin goods from connected car and premises. Confiscation and penalties were sustained, redemption on fine was allowed because the goods were not notified items, and the penalty structure was modified only partly, including one penalty set aside and another reduced. Case-Laws Customs Mon, 09 Sep 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72297