https://www.taxtmi.com/caselaws?id=86207 The judge confirmed the confiscation of Indian currency under the Customs Act but reduced the penalty imposed on the appellants from Rs. 50,000 to Rs. 10,000. The voluntariness of statements was crucial for confiscation, with the judge finding the statements valid despite allegations of coercion and ill-treatment. The penalties imposed on the appellants were decreased to Rs. 10,000 for one appellant and Rs. 2,500 for the other due to their respective roles and circumstances. The appeals were ultimately dismissed, upholding the confiscation of the currency. en-us Thu, 05 Dec 1996 00:00:00 +0530 Fri, 12 Aug 2011 10:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86207 The judge confirmed the confiscation of Indian currency under the Customs Act but reduced the penalty imposed on the appellants from Rs. 50,000 to Rs. 10,000. The voluntariness of statements was crucial for confiscation, with the judge finding the statements valid despite allegations of coercion and ill-treatment. The penalties imposed on the appellants were decreased to Rs. 10,000 for one appellant and Rs. 2,500 for the other due to their respective roles and circumstances. The appeals were ultimately dismissed, upholding the confiscation of the currency. Case-Laws Customs Thu, 05 Dec 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86207