1998 (9) TMI 596

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....dent. [Order]. -  Penalty of Rs. 1 lakh has been imposed upon the appellant under Section 112(b) of the Customs Act, 1962. 2. 8 Gold bars were seized from one Shri Dulal Debnath at a hotel in Calcutta on 24-10-1991. In his statement Shri Debnath stated that he has received these Gold bars from one Shri Dilip Paul (Alias Bijoy Paul) working in a medicine shop named 'Relief' in Sa....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....on them. 3. I have heard Shri K.K. Bhattacharjee and Shri T.P. Kumar, ld. SDR for the Revenue. 4. It was argued on behalf of the appellant that there was no corroboration to the statement of the appellant from any independent source. The statement was retracted by the appellant as soon as he was out of jail. The gold in question was not recovered from him. Nothing has been found fr....