https://www.taxtmi.com/caselaws?id=219538 The Tribunal upheld the penalties imposed under Section 114 of the Customs Act on appellants involved in smuggling foreign currency without disclosure to Customs authorities. Despite appellants' denial of involvement and challenges to the reliance on retracted statements, the Tribunal found their admission of receiving gifts from the main culprit and their breach of security duties compelling. Emphasizing the seriousness of compromising air travel security for financial gain, the Tribunal dismissed the appeals, affirming the penalties. en-us Mon, 07 May 2012 00:00:00 +0530 Wed, 27 May 2015 14:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219538 The Tribunal upheld the penalties imposed under Section 114 of the Customs Act on appellants involved in smuggling foreign currency without disclosure to Customs authorities. Despite appellants' denial of involvement and challenges to the reliance on retracted statements, the Tribunal found their admission of receiving gifts from the main culprit and their breach of security duties compelling. Emphasizing the seriousness of compromising air travel security for financial gain, the Tribunal dismissed the appeals, affirming the penalties. Case-Laws Customs Mon, 07 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219538