https://www.taxtmi.com/caselaws?id=346088 The Tribunal set aside the penalties imposed on the appellants for insufficient evidence of their knowledge and involvement in gold smuggling. However, the confiscation of the vehicle and imposition of the redemption fine were upheld as justified due to the gold bars found in the vehicle. The judgment highlighted the requirement for concrete evidence to impose penalties and differentiated between penalties on individuals and confiscation of vehicles used in smuggling activities. en-us Mon, 31 Jul 2017 00:00:00 +0530 Thu, 21 Feb 2019 14:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346088 The Tribunal set aside the penalties imposed on the appellants for insufficient evidence of their knowledge and involvement in gold smuggling. However, the confiscation of the vehicle and imposition of the redemption fine were upheld as justified due to the gold bars found in the vehicle. The judgment highlighted the requirement for concrete evidence to impose penalties and differentiated between penalties on individuals and confiscation of vehicles used in smuggling activities. Case-Laws Customs Mon, 31 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346088