https://www.taxtmi.com/caselaws?id=48036 Statements recorded under Section 108 of the Customs Act were treated as admissible evidence of the petitioner's participation in the import scheme, and the contradictions suggested in cross-examination were found insufficient to displace those admissions. The Tribunal's reduction of penalty was treated as already favourable to the petitioner, and the High Court found no basis to interfere with the sustained penalty order. The operative point is that recorded admissions retained evidentiary value despite attempted impeachment, and the reduced penalty was not disturbed. en-us Wed, 23 Aug 2006 00:00:00 +0530 Mon, 02 Aug 2010 13:11:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48036 Statements recorded under Section 108 of the Customs Act were treated as admissible evidence of the petitioner's participation in the import scheme, and the contradictions suggested in cross-examination were found insufficient to displace those admissions. The Tribunal's reduction of penalty was treated as already favourable to the petitioner, and the High Court found no basis to interfere with the sustained penalty order. The operative point is that recorded admissions retained evidentiary value despite attempted impeachment, and the reduced penalty was not disturbed. Case-Laws Customs Wed, 23 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48036