https://www.taxtmi.com/caselaws?id=101147 The tribunal upheld penalties imposed under the Customs Act, 1962, on individuals caught smuggling gold pieces of foreign origin. Despite conflicting statements and denials by the accused, their initial admissions and well-documented evidence led to the penalties being upheld. The penalties were reduced by the Commissioner (Appeals) but ultimately maintained by the tribunal, dismissing the appeals for lack of merit. en-us Mon, 28 Jan 2002 00:00:00 +0530 Wed, 08 Feb 2012 17:34:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101147 The tribunal upheld penalties imposed under the Customs Act, 1962, on individuals caught smuggling gold pieces of foreign origin. Despite conflicting statements and denials by the accused, their initial admissions and well-documented evidence led to the penalties being upheld. The penalties were reduced by the Commissioner (Appeals) but ultimately maintained by the tribunal, dismissing the appeals for lack of merit. Case-Laws Customs Mon, 28 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101147