https://www.taxtmi.com/caselaws?id=351124 The Tribunal upheld penalties of Rs. 3,00,000 each under Section 112(a) of the Customs Act 1962 for both appellants, dismissing their appeals. The penalties were based on evidence indicating the appellants' involvement in smuggling gold through courier agencies, despite their denial of ownership of the confiscated gold. The defense's arguments challenging the lack of concrete evidence and jurisdictional issues were rejected, leading to the affirmation of the penalties imposed by the authorities. en-us Fri, 17 Nov 2017 00:00:00 +0530 Thu, 14 Dec 2017 10:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351124 The Tribunal upheld penalties of Rs. 3,00,000 each under Section 112(a) of the Customs Act 1962 for both appellants, dismissing their appeals. The penalties were based on evidence indicating the appellants' involvement in smuggling gold through courier agencies, despite their denial of ownership of the confiscated gold. The defense's arguments challenging the lack of concrete evidence and jurisdictional issues were rejected, leading to the affirmation of the penalties imposed by the authorities. Case-Laws Customs Fri, 17 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351124