https://www.taxtmi.com/caselaws?id=116113 The Tribunal upheld the Lower Authorities' decision that the impugned goods were smuggled, rejecting the appellants' argument that the goods were non-notified freely importable goods. The penalty of Rs. 30,000 imposed on each appellant was deemed reasonable and justified. The decision was based on the circumstances of seizure, retracted statements, and lack of legitimate purchase documents, leading to the conclusion that the goods were smuggled. The appeals were dismissed on 17-1-2005. en-us Mon, 17 Jan 2005 00:00:00 +0530 Thu, 07 Jun 2012 14:00:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116113 The Tribunal upheld the Lower Authorities' decision that the impugned goods were smuggled, rejecting the appellants' argument that the goods were non-notified freely importable goods. The penalty of Rs. 30,000 imposed on each appellant was deemed reasonable and justified. The decision was based on the circumstances of seizure, retracted statements, and lack of legitimate purchase documents, leading to the conclusion that the goods were smuggled. The appeals were dismissed on 17-1-2005. Case-Laws Customs Mon, 17 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116113