https://www.taxtmi.com/caselaws?id=80909 Penalties under the Customs Act, 1962 and the Gold (Control) Act, 1968 cannot be sustained on the basis of an uncorroborated co-accused statement alone. A statement lacking independent support, especially where its maker gives inconsistent versions and a police-recorded statement has no evidentiary value for this purpose, is insufficient to prove penal liability. Circumstances such as alleged financial capacity or a bank locker finding, without reliable corroboration, do not establish the charge. The governing principle is that suspicion cannot replace proof, and independent evidence is required to link the person to the seized gold. en-us Thu, 11 Oct 1990 00:00:00 +0530 Tue, 21 Jun 2011 12:04:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80909 Penalties under the Customs Act, 1962 and the Gold (Control) Act, 1968 cannot be sustained on the basis of an uncorroborated co-accused statement alone. A statement lacking independent support, especially where its maker gives inconsistent versions and a police-recorded statement has no evidentiary value for this purpose, is insufficient to prove penal liability. Circumstances such as alleged financial capacity or a bank locker finding, without reliable corroboration, do not establish the charge. The governing principle is that suspicion cannot replace proof, and independent evidence is required to link the person to the seized gold. Case-Laws Central Excise Thu, 11 Oct 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80909