https://www.taxtmi.com/caselaws?id=427501 The court upheld penalties imposed by customs authorities on parties involved in concealing gold bits in tile polishing machines at Chennai International Airport. Despite retractions, initial statements under Section 108 were deemed credible. Denial of cross-examination was justified, and goods' classification as 'gold' did not exempt them from penalties. The Customs Act applied to the transaction, even if part occurred outside India. The court supported customs authorities' findings, dismissing writ petitions and affirming parties' liabilities. en-us Fri, 29 Jul 2022 00:00:00 +0530 Sat, 10 Sep 2022 07:03:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427501 The court upheld penalties imposed by customs authorities on parties involved in concealing gold bits in tile polishing machines at Chennai International Airport. Despite retractions, initial statements under Section 108 were deemed credible. Denial of cross-examination was justified, and goods' classification as 'gold' did not exempt them from penalties. The Customs Act applied to the transaction, even if part occurred outside India. The court supported customs authorities' findings, dismissing writ petitions and affirming parties' liabilities. Case-Laws Customs Fri, 29 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427501