https://www.taxtmi.com/caselaws?id=74249 Penal liability under the Gold (Control) Act could not be sustained on a retracted statement alone; independent corroboration was required, and none was produced linking the appellant to the seized ornaments. The chits relied on were not disclosed in the show cause notice or supplied to the appellant, so they could not be effectively rebutted and, in any event, were not proved to have been written by the appellant or to match the seized ornaments. The charge therefore failed on legally admissible and corroborated evidence, and the penalty was held unsustainable. en-us Tue, 10 May 1988 00:00:00 +0530 Wed, 01 Feb 2012 17:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74249 Penal liability under the Gold (Control) Act could not be sustained on a retracted statement alone; independent corroboration was required, and none was produced linking the appellant to the seized ornaments. The chits relied on were not disclosed in the show cause notice or supplied to the appellant, so they could not be effectively rebutted and, in any event, were not proved to have been written by the appellant or to match the seized ornaments. The charge therefore failed on legally admissible and corroborated evidence, and the penalty was held unsustainable. Case-Laws Central Excise Tue, 10 May 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74249