https://www.taxtmi.com/caselaws?id=82382 Penal liability under customs law may rest on a coherent chain of corroborated statements and surrounding circumstances even where contraband is not recovered from the person concerned. Statements recorded from principal participants, intermediaries and other witnesses, together with evidence concerning transportation, disposal, return arrangements and compensation demands, supported involvement in the gold transaction; minor discrepancies did not undermine the overall evidentiary record. Separate liability under the repealed Gold (Control) Act may warrant moderation of penalty on equitable considerations, while customs-law liability remains sustained. en-us Sat, 19 Sep 1992 00:00:00 +0530 Mon, 04 Jul 2011 16:52:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82382 Penal liability under customs law may rest on a coherent chain of corroborated statements and surrounding circumstances even where contraband is not recovered from the person concerned. Statements recorded from principal participants, intermediaries and other witnesses, together with evidence concerning transportation, disposal, return arrangements and compensation demands, supported involvement in the gold transaction; minor discrepancies did not undermine the overall evidentiary record. Separate liability under the repealed Gold (Control) Act may warrant moderation of penalty on equitable considerations, while customs-law liability remains sustained. Case-Laws Customs Sat, 19 Sep 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82382