https://www.taxtmi.com/caselaws?id=31319 The Tribunal set aside the personal penalty imposed on the appellant under Section 114(1) of the Customs Act, 1962, as the sole evidence against the appellant was a statement of an intercepted individual without corroboration, which was deemed insufficient to establish guilt. The Tribunal emphasized the necessity of corroborative evidence and the inadequacy of relying solely on statements of co-accused in penalty proceedings, ultimately allowing the appeal due to the lack of substantial evidence beyond the intercepted individual's statement. en-us Wed, 22 Aug 2007 00:00:00 +0530 Mon, 27 Oct 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31319 The Tribunal set aside the personal penalty imposed on the appellant under Section 114(1) of the Customs Act, 1962, as the sole evidence against the appellant was a statement of an intercepted individual without corroboration, which was deemed insufficient to establish guilt. The Tribunal emphasized the necessity of corroborative evidence and the inadequacy of relying solely on statements of co-accused in penalty proceedings, ultimately allowing the appeal due to the lack of substantial evidence beyond the intercepted individual's statement. Case-Laws Customs Wed, 22 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31319