https://www.taxtmi.com/caselaws?id=72763 Retracted confessional statements may still be relied on where they are voluntary, intrinsically probable and materially corroborated by co-appellant statements and surrounding recovery evidence. On that footing, the Tribunal treated the evidence as sufficient to establish contraventions under the Gold (Control) Act, 1968 and the Customs Act, 1962, despite the retraction. It also considered the factual context and quantity of gold involved and reduced the personal penalties as excessive, while leaving the findings of contravention and confiscation-related conclusions undisturbed. en-us Thu, 30 Oct 1986 00:00:00 +0530 Wed, 25 Jan 2012 17:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72763 Retracted confessional statements may still be relied on where they are voluntary, intrinsically probable and materially corroborated by co-appellant statements and surrounding recovery evidence. On that footing, the Tribunal treated the evidence as sufficient to establish contraventions under the Gold (Control) Act, 1968 and the Customs Act, 1962, despite the retraction. It also considered the factual context and quantity of gold involved and reduced the personal penalties as excessive, while leaving the findings of contravention and confiscation-related conclusions undisturbed. Case-Laws Central Excise Thu, 30 Oct 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72763