https://www.taxtmi.com/caselaws?id=109738 The appellate tribunal set aside the imposition of a personal penalty of Rs. 3.00 lakhs on the appellant by the Commissioner of Customs (Prev.), West Bengal, Calcutta. The tribunal found that the penalty was based on hearsay evidence without independent corroboration, emphasizing the importance of direct evidence in penalizing individuals. Relying solely on statements of co-accused individuals was deemed insufficient, leading to the tribunal allowing the appeal and emphasizing the necessity of strong, corroborated evidence before imposing penalties. en-us Tue, 04 Sep 2001 00:00:00 +0530 Wed, 11 Apr 2012 16:21:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109738 The appellate tribunal set aside the imposition of a personal penalty of Rs. 3.00 lakhs on the appellant by the Commissioner of Customs (Prev.), West Bengal, Calcutta. The tribunal found that the penalty was based on hearsay evidence without independent corroboration, emphasizing the importance of direct evidence in penalizing individuals. Relying solely on statements of co-accused individuals was deemed insufficient, leading to the tribunal allowing the appeal and emphasizing the necessity of strong, corroborated evidence before imposing penalties. Case-Laws Customs Tue, 04 Sep 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109738