https://www.taxtmi.com/caselaws?id=465053 CESTAT (AT), Kolkata upheld the finding that the appellant was involved in smuggling gold of foreign origin and confirmed imposition of penalty under s.112(b)(i) of the Customs Act, 1962. The Tribunal noted that the appellant was apprehended at the airport with gold biscuits concealed in his rectum, failed to produce any documents evidencing lawful possession, and clearly intended to remove the goods from the customs area without payment of duty. However, recognizing that the appellant was merely an intermediary and not the ultimate beneficiary, CESTAT held the original penalty excessive and reduced it from Rs. 2,00,000 to Rs. 50,000, disposing of the appeal accordingly. en-us Thu, 20 Feb 2025 00:00:00 +0530 Wed, 03 Dec 2025 20:56:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465053 CESTAT (AT), Kolkata upheld the finding that the appellant was involved in smuggling gold of foreign origin and confirmed imposition of penalty under s.112(b)(i) of the Customs Act, 1962. The Tribunal noted that the appellant was apprehended at the airport with gold biscuits concealed in his rectum, failed to produce any documents evidencing lawful possession, and clearly intended to remove the goods from the customs area without payment of duty. However, recognizing that the appellant was merely an intermediary and not the ultimate beneficiary, CESTAT held the original penalty excessive and reduced it from Rs. 2,00,000 to Rs. 50,000, disposing of the appeal accordingly. Case-Laws Customs Thu, 20 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465053