https://www.taxtmi.com/caselaws?id=84128 The Tribunal confirmed the confiscation of gold but revoked the penalties imposed on the appellant under the Customs Act, 1962 and Gold (Control) Act, 1968. The decision highlighted the significance of following proper procedures, ensuring corroboration of evidence, and giving the benefit of doubt in cases concerning confiscation and penalties. The appellant successfully challenged the penalties based on inconsistencies, lack of evidence, and witness testimony indicating the recovery was not from him. en-us Mon, 13 Mar 1995 00:00:00 +0530 Tue, 19 Jul 2011 18:18:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84128 The Tribunal confirmed the confiscation of gold but revoked the penalties imposed on the appellant under the Customs Act, 1962 and Gold (Control) Act, 1968. The decision highlighted the significance of following proper procedures, ensuring corroboration of evidence, and giving the benefit of doubt in cases concerning confiscation and penalties. The appellant successfully challenged the penalties based on inconsistencies, lack of evidence, and witness testimony indicating the recovery was not from him. Case-Laws Customs Mon, 13 Mar 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84128