https://www.taxtmi.com/caselaws?id=83930 The appeals were lodged against the penalty imposed by the Additional Collector of Customs on the appellants for their alleged involvement in the seizure of foreign gold. The judgment focused on the lack of sufficient corroboration of evidence from co-accused and the reliance on an Insurance Certificate without proper notice. Due to the absence of substantial corroboration, the penalty of Rs. 1,00,000 each imposed on the appellants was set aside. en-us Thu, 01 Sep 1994 00:00:00 +0530 Mon, 18 Jul 2011 17:35:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83930 The appeals were lodged against the penalty imposed by the Additional Collector of Customs on the appellants for their alleged involvement in the seizure of foreign gold. The judgment focused on the lack of sufficient corroboration of evidence from co-accused and the reliance on an Insurance Certificate without proper notice. Due to the absence of substantial corroboration, the penalty of Rs. 1,00,000 each imposed on the appellants was set aside. Case-Laws Customs Thu, 01 Sep 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83930