https://www.taxtmi.com/caselaws?id=761317 The Tribunal allowed the appeal, setting aside the impugned order and waiving the penalties imposed on the appellant. It emphasized the lack of substantive evidence linking the appellant to the seized gold, noting the absence of a confessional statement by the co-accused against the appellant. The Tribunal stressed that assumptions or allegations without concrete evidence are insufficient for conviction, underscoring the necessity of proven knowledge or conscious possession. The decision highlighted the importance of adhering to legal principles and the requirement of direct evidence in determining liability in cases involving alleged smuggling activities. en-us Thu, 07 Nov 2024 00:00:00 +0530 Fri, 08 Nov 2024 19:58:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761317 The Tribunal allowed the appeal, setting aside the impugned order and waiving the penalties imposed on the appellant. It emphasized the lack of substantive evidence linking the appellant to the seized gold, noting the absence of a confessional statement by the co-accused against the appellant. The Tribunal stressed that assumptions or allegations without concrete evidence are insufficient for conviction, underscoring the necessity of proven knowledge or conscious possession. The decision highlighted the importance of adhering to legal principles and the requirement of direct evidence in determining liability in cases involving alleged smuggling activities. Case-Laws Customs Thu, 07 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761317