https://www.taxtmi.com/caselaws?id=399098 The Tribunal set aside the penalty imposed under Section 112 of the Customs Act, 1962 on the appellant for alleged involvement in smuggling Bangladesh Currency. The decision was based on insufficient evidence and lack of corroboration for the allegations, emphasizing the importance of allowing cross-examination of witnesses to ensure natural justice. The appellant's denial of involvement and discrepancies in statements led to the penalty being overturned, citing the principle established in the Andaman Timber Industries case. en-us Thu, 01 Oct 2020 00:00:00 +0530 Sat, 03 Oct 2020 12:53:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399098 The Tribunal set aside the penalty imposed under Section 112 of the Customs Act, 1962 on the appellant for alleged involvement in smuggling Bangladesh Currency. The decision was based on insufficient evidence and lack of corroboration for the allegations, emphasizing the importance of allowing cross-examination of witnesses to ensure natural justice. The appellant's denial of involvement and discrepancies in statements led to the penalty being overturned, citing the principle established in the Andaman Timber Industries case. Case-Laws Customs Thu, 01 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399098