https://www.taxtmi.com/caselaws?id=247161 The Tribunal set aside the orders for confiscation of Indian currency and penalties imposed on individuals and co-noticees. The decision emphasized the Revenue's burden to prove the currency's link to smuggling activities, highlighting the lack of concrete evidence in this case. Contradictory statements and insufficient proof failed to establish the currency as proceeds from smuggled goods. The Tribunal ruled in favor of the appellants, dismissing claims of illegal origin and granting relief due to the absence of substantial evidence supporting the confiscation and penalties. en-us Fri, 25 Apr 2014 00:00:00 +0530 Wed, 26 Nov 2014 10:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247161 The Tribunal set aside the orders for confiscation of Indian currency and penalties imposed on individuals and co-noticees. The decision emphasized the Revenue's burden to prove the currency's link to smuggling activities, highlighting the lack of concrete evidence in this case. Contradictory statements and insufficient proof failed to establish the currency as proceeds from smuggled goods. The Tribunal ruled in favor of the appellants, dismissing claims of illegal origin and granting relief due to the absence of substantial evidence supporting the confiscation and penalties. Case-Laws Customs Fri, 25 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247161