https://www.taxtmi.com/caselaws?id=115334 The tribunal upheld the lower appellate authority's decision to confiscate the truck and impose a penalty due to its involvement in carrying contraband goods worth Rs. 5,42,250/-, despite the appellant's argument of lack of proven charges. The tribunal considered the circumstances and reduced the redemption fine to Rs. 50,000/- and the penalty to Rs. 20,000/- due to the truck's prolonged custody affecting its value. The appellant's claim of ignorance regarding the contraband goods was dismissed as he failed to prove lack of knowledge or identify the owner, leading to the affirmation of the penalty and confiscation. en-us Fri, 08 Apr 2005 00:00:00 +0530 Sat, 26 May 2012 12:09:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115334 The tribunal upheld the lower appellate authority's decision to confiscate the truck and impose a penalty due to its involvement in carrying contraband goods worth Rs. 5,42,250/-, despite the appellant's argument of lack of proven charges. The tribunal considered the circumstances and reduced the redemption fine to Rs. 50,000/- and the penalty to Rs. 20,000/- due to the truck's prolonged custody affecting its value. The appellant's claim of ignorance regarding the contraband goods was dismissed as he failed to prove lack of knowledge or identify the owner, leading to the affirmation of the penalty and confiscation. Case-Laws Customs Fri, 08 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115334