https://www.taxtmi.com/caselaws?id=73469 The Tribunal set aside the penalty imposed on the appellant by the Addl. Collector of Customs, Bombay, in connection with the seizure of foreign origin wrist watches from the appellant's premises. The judgment emphasized the lack of evidence proving the appellant's knowledge or belief that the watches were smuggled goods. The appellant's denial of awareness, coupled with insufficient proof of his involvement in smuggling activities, led to the ruling that he was not liable for the penalty. Any paid penalty was ordered to be returned to the appellant. en-us Fri, 16 Oct 1987 00:00:00 +0530 Wed, 01 Jun 2011 12:23:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73469 The Tribunal set aside the penalty imposed on the appellant by the Addl. Collector of Customs, Bombay, in connection with the seizure of foreign origin wrist watches from the appellant's premises. The judgment emphasized the lack of evidence proving the appellant's knowledge or belief that the watches were smuggled goods. The appellant's denial of awareness, coupled with insufficient proof of his involvement in smuggling activities, led to the ruling that he was not liable for the penalty. Any paid penalty was ordered to be returned to the appellant. Case-Laws Customs Fri, 16 Oct 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73469