https://www.taxtmi.com/caselaws?id=783072 CESTAT allowed the appeals and set aside penalties imposed under s.112(b)(i) of the Customs Act for alleged smuggling of gold. It held that the department failed to establish that the 12 gold bars were smuggled goods or that appellants were concerned with their importation. The explanation that the gold was received on job-work basis and was being transported with cash and documents was not investigated, and a key person was not examined. Statements recorded under s.108 were disregarded as s.138B safeguards were not followed. As the goods were not shown to be liable to confiscation under s.111, the foundational requirement for penalty under s.112(b)(i) was not met. en-us Mon, 08 Dec 2025 00:00:00 +0530 Tue, 09 Dec 2025 08:42:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783072 CESTAT allowed the appeals and set aside penalties imposed under s.112(b)(i) of the Customs Act for alleged smuggling of gold. It held that the department failed to establish that the 12 gold bars were smuggled goods or that appellants were concerned with their importation. The explanation that the gold was received on job-work basis and was being transported with cash and documents was not investigated, and a key person was not examined. Statements recorded under s.108 were disregarded as s.138B safeguards were not followed. As the goods were not shown to be liable to confiscation under s.111, the foundational requirement for penalty under s.112(b)(i) was not met. Case-Laws Customs Mon, 08 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783072