https://www.taxtmi.com/caselaws?id=325590 Penalty under the Customs Act was discussed as unsustainable where the allegation of abetment rested mainly on retracted statements of co-noticees and circumstantial material without tangible corroboration. The text states that uncorroborated confessions and bank transactions, without evidence linking the noticee to procurement, export, receipt of goods, or receipt of consideration, were insufficient to support penalty. It also notes that a Dubai resident, with no asserted presence in India during the relevant period, could not be fastened with penalty on the facts of the case. The stated result was that the impugned penalty order was unsustainable and consequential relief followed. en-us Fri, 19 Feb 2016 00:00:00 +0530 Wed, 23 Mar 2016 21:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325590 Penalty under the Customs Act was discussed as unsustainable where the allegation of abetment rested mainly on retracted statements of co-noticees and circumstantial material without tangible corroboration. The text states that uncorroborated confessions and bank transactions, without evidence linking the noticee to procurement, export, receipt of goods, or receipt of consideration, were insufficient to support penalty. It also notes that a Dubai resident, with no asserted presence in India during the relevant period, could not be fastened with penalty on the facts of the case. The stated result was that the impugned penalty order was unsustainable and consequential relief followed. Case-Laws Customs Fri, 19 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325590