https://www.taxtmi.com/caselaws?id=125395 Undisputed recovery of concealed foreign currency, coupled with an unaccepted explanation for its possession, established an attempt to smuggle the currency by concealment. On those facts, no mitigating circumstances were shown to justify interference with the penalty imposed under section 114 of the Customs Act, and the penalty was upheld without reduction. en-us Thu, 23 Oct 2008 00:00:00 +0530 Tue, 23 Oct 2012 16:49:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125395 Undisputed recovery of concealed foreign currency, coupled with an unaccepted explanation for its possession, established an attempt to smuggle the currency by concealment. On those facts, no mitigating circumstances were shown to justify interference with the penalty imposed under section 114 of the Customs Act, and the penalty was upheld without reduction. Case-Laws Customs Thu, 23 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125395