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2005 (3) TMI 605

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....the Respondent. [Order]. -  Heard both sides. 2. The appellant filed this appeal against imposition of penalty of Rs. 50,000/- each under Section 112 of Customs Act. 3. The brief facts of the case are that on 31-3-2002 the appellants were apprehended at Railway Station and on their personal search currency notes of Rs. 500/- denomination were recovered from the appellant....

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....ed that with the show cause notice all the documents were supplied and before Commissioner, the appellant had never made any grievance that statements were not supplied to them. The contention is that they admitted that fake counterfeit currency was smuggled from Kathmandu and they had purchased the same, therefore, they are liable for penal action. 5. In this case the contention of the ap....