https://www.taxtmi.com/caselaws?id=384787 The Appellate Tribunal CESTAT ALLAHABAD set aside the penalties imposed under section 114 of the Customs Act, 1962 on individuals involved in the illegal export of rice to Nepal. The Tribunal found that the penalties were unjustified as they were solely based on uncorroborated statements without proper cross-examination or examination in chief, contrary to the requirements of the Customs Act. The Tribunal emphasized the necessity of corroborative evidence and proper examination procedures for the admissibility of statements as evidence, ultimately allowing the appeals of the individuals and rejecting the Revenue's appeal for penalty imposition on a company due to discrepancies in the order. en-us Wed, 21 Aug 2019 00:00:00 +0530 Fri, 23 Aug 2019 07:30:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384787 The Appellate Tribunal CESTAT ALLAHABAD set aside the penalties imposed under section 114 of the Customs Act, 1962 on individuals involved in the illegal export of rice to Nepal. The Tribunal found that the penalties were unjustified as they were solely based on uncorroborated statements without proper cross-examination or examination in chief, contrary to the requirements of the Customs Act. The Tribunal emphasized the necessity of corroborative evidence and proper examination procedures for the admissibility of statements as evidence, ultimately allowing the appeals of the individuals and rejecting the Revenue's appeal for penalty imposition on a company due to discrepancies in the order. Case-Laws Customs Wed, 21 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384787