https://www.taxtmi.com/caselaws?id=99854 The Appellate Tribunal CEGAT, Kolkata set aside penalties totaling Rs. 1,19,82,730 imposed on individuals connected to the transportation of seized ball bearings of foreign origin. The Tribunal ruled in favor of the appellants, finding insufficient evidence linking them to smuggling activities or knowledge of the illicit goods. It also deemed the confiscation of jute caddies and trucks unjustified due to lack of evidence. The confiscated truck and jute caddies were ordered to be released, with no determination made on the ownership of the ball bearings as no party claimed ownership. en-us Wed, 04 Oct 2000 00:00:00 +0530 Mon, 30 Jan 2012 13:23:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99854 The Appellate Tribunal CEGAT, Kolkata set aside penalties totaling Rs. 1,19,82,730 imposed on individuals connected to the transportation of seized ball bearings of foreign origin. The Tribunal ruled in favor of the appellants, finding insufficient evidence linking them to smuggling activities or knowledge of the illicit goods. It also deemed the confiscation of jute caddies and trucks unjustified due to lack of evidence. The confiscated truck and jute caddies were ordered to be released, with no determination made on the ownership of the ball bearings as no party claimed ownership. Case-Laws Customs Wed, 04 Oct 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99854