https://www.taxtmi.com/caselaws?id=72748 The Tribunal set aside the penalty imposed under Section 112 of the Customs Act, 1962 on the appellant for possession of gold pellets with foreign markings. The appellant was exonerated as there was insufficient evidence linking them to the offense, with reliance solely on the statement of the individual in possession of the gold pellets deemed unfair. The Tribunal emphasized the lack of concrete evidence connecting the appellant to the seized items and noted previous cases with similar outcomes. The appellant was granted relief as the penalty order was overturned. en-us Fri, 12 Sep 1986 00:00:00 +0530 Wed, 25 Jan 2012 17:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72748 The Tribunal set aside the penalty imposed under Section 112 of the Customs Act, 1962 on the appellant for possession of gold pellets with foreign markings. The appellant was exonerated as there was insufficient evidence linking them to the offense, with reliance solely on the statement of the individual in possession of the gold pellets deemed unfair. The Tribunal emphasized the lack of concrete evidence connecting the appellant to the seized items and noted previous cases with similar outcomes. The appellant was granted relief as the penalty order was overturned. Case-Laws Customs Fri, 12 Sep 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72748