https://www.taxtmi.com/caselaws?id=99218 Penalty was maintainable against the appellant in possession of the gold biscuit because recovery from his custody was undisputed, but it was reduced from Rs. 15,000 to Rs. 1,000 in view of his role as a carrier and the circumstances pleaded. The penalties on the other two appellants could not stand because they were based only on a co-accused's statement, with no independent corroboration of their involvement. In the absence of supporting evidence, those penalties were set aside and consequential relief followed. en-us Thu, 21 Sep 2000 00:00:00 +0530 Wed, 25 Jan 2012 16:10:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99218 Penalty was maintainable against the appellant in possession of the gold biscuit because recovery from his custody was undisputed, but it was reduced from Rs. 15,000 to Rs. 1,000 in view of his role as a carrier and the circumstances pleaded. The penalties on the other two appellants could not stand because they were based only on a co-accused's statement, with no independent corroboration of their involvement. In the absence of supporting evidence, those penalties were set aside and consequential relief followed. Case-Laws Customs Thu, 21 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99218