TaxTMI 
TaxTMI 
1997 (1) TMI 277
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.... , Member (J)]. - The present appeal is filed by the appellant against the orders of the adjudicating authority in imposing a personal penalty of Rs. 20 Lakhs under Section 114(i) of the Customs Act. 2. The Learned advocate Shri. A. Thiagarajan appearing for the appellants contended before us that no case is made out against the appellant for imposing a penalty under Section 114 of the Cus....
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....nted out that the illicit conversion of the amount of Indian currency into foreign currency amounts to abetment. We have considered the submissions. It is now seen that the statement of Shri Krishnamoorthy Suresh is mentioned in para 6 of the impugned order. In his statement, he only stated that Suresh had given a total of Rs. 6.5 Lakhs to the appellant Shri Narayana to convert the same foreign cu....
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..... So what is be proved is that the appellant abetted the above said persons in taking out this currency from India to another country. The evidence on record only shows that the appellant converted the Indian currency into foreign currency at the instance of those two persons. There is absolutely nothing in the statement to show that the appellant abetted them in doing this act of taking out of th....