https://www.taxtmi.com/caselaws?id=772160 CESTAT Chandigarh dismissed the appeal challenging penalties under Sections 112(a) and 112(b) of Customs Act, 1962 for abetment of gold smuggling. The tribunal found that two carriers with monthly income of Rs.25,000 lacked financial capacity to purchase the seized gold, as evidenced by their bank statements. The appellant bore all travel and accommodation expenses for the carriers and failed to appear despite repeated summons, establishing his role as mastermind. The carriers could not prove legitimate purchase through documentary evidence of fund sources or income tax returns. The tribunal upheld the Commissioner's order, confirming lawful seizure, confiscation, and penalties. en-us Tue, 03 Jun 2025 00:00:00 +0530 Thu, 05 Jun 2025 08:25:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772160 CESTAT Chandigarh dismissed the appeal challenging penalties under Sections 112(a) and 112(b) of Customs Act, 1962 for abetment of gold smuggling. The tribunal found that two carriers with monthly income of Rs.25,000 lacked financial capacity to purchase the seized gold, as evidenced by their bank statements. The appellant bore all travel and accommodation expenses for the carriers and failed to appear despite repeated summons, establishing his role as mastermind. The carriers could not prove legitimate purchase through documentary evidence of fund sources or income tax returns. The tribunal upheld the Commissioner's order, confirming lawful seizure, confiscation, and penalties. Case-Laws Customs Tue, 03 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772160