https://www.taxtmi.com/caselaws?id=155647 The Tribunal allowed the appeals of the appellants, including Shri Ravindra Rastogi, Shri R.P. Singh, and Maha Singh Khatri, by setting aside the penalties imposed under Section 112 (a) & (b) of the Customs Act, 1962. The Tribunal found that the penalties were based on unreliable retracted statements of co-noticees, lacked corroborative evidence, and denied the appellants the right to cross-examine witnesses. Due to the absence of substantial evidence and breaches of natural justice, the penalties were deemed unsustainable, emphasizing the necessity of adhering to legal principles in imposing penalties under the Customs Act. en-us Wed, 21 Apr 2010 00:00:00 +0530 Fri, 06 Sep 2013 13:13:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=155647 The Tribunal allowed the appeals of the appellants, including Shri Ravindra Rastogi, Shri R.P. Singh, and Maha Singh Khatri, by setting aside the penalties imposed under Section 112 (a) & (b) of the Customs Act, 1962. The Tribunal found that the penalties were based on unreliable retracted statements of co-noticees, lacked corroborative evidence, and denied the appellants the right to cross-examine witnesses. Due to the absence of substantial evidence and breaches of natural justice, the penalties were deemed unsustainable, emphasizing the necessity of adhering to legal principles in imposing penalties under the Customs Act. Case-Laws Customs Wed, 21 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=155647