https://www.taxtmi.com/caselaws?id=128248 The Tribunal found that the charges against Shri Krishna Tambi and Shri Sachin Tambi in an import case involving precious stones were not substantiated. The penalties imposed on them were waived due to lack of concrete evidence connecting them to the import. However, in a separate appeal, the penalty imposed on the importer, Shri Ashok Kumar Khandelwal, was upheld as there was established nexus between him and the imported goods. The decision highlighted the significance of evidence and ownership in import cases, leading to the dismissal of the appeal against the Appellants. en-us Thu, 09 Jul 2009 00:00:00 +0530 Mon, 03 Oct 2016 17:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=128248 The Tribunal found that the charges against Shri Krishna Tambi and Shri Sachin Tambi in an import case involving precious stones were not substantiated. The penalties imposed on them were waived due to lack of concrete evidence connecting them to the import. However, in a separate appeal, the penalty imposed on the importer, Shri Ashok Kumar Khandelwal, was upheld as there was established nexus between him and the imported goods. The decision highlighted the significance of evidence and ownership in import cases, leading to the dismissal of the appeal against the Appellants. Case-Laws Customs Thu, 09 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=128248