https://www.taxtmi.com/caselaws?id=171780 The High Court upheld the CESTAT's findings in an appeal regarding the confiscation of imported goods under the Customs Act, 1962. The court ruled in favor of the assessee, stating that penalties cannot be imposed solely based on co-accused statements without additional evidence. The appeal was dismissed, emphasizing that no legal question merited further consideration as the Tribunal's decision was fact-based. No costs were awarded in the judgment. en-us Thu, 11 Aug 2011 00:00:00 +0530 Wed, 07 Jun 2017 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171780 The High Court upheld the CESTAT's findings in an appeal regarding the confiscation of imported goods under the Customs Act, 1962. The court ruled in favor of the assessee, stating that penalties cannot be imposed solely based on co-accused statements without additional evidence. The appeal was dismissed, emphasizing that no legal question merited further consideration as the Tribunal's decision was fact-based. No costs were awarded in the judgment. Case-Laws Customs Thu, 11 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171780