2016 (9) TMI 221

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....nsel for the Respondent. ORDER The accused in C.C. No. 45 of 1993 on the files of the Court of the Addl. Chief Judicial Magistrate, Economic Offence, Ernakulam, filed this Revision Petition challenging the concurrent finding of conviction and sentence passed by the courts below under Section 135 (1) (i) of the Customs Act, 1962. 2. The prosecution allegation is that on 17-11-1992, the pet....

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....he Customs Act. The evidence of PW1 would show that he ascertained the market value from the newspapers. However, no such newspaper was produced to prove the then existing market value. 5. The learned counsel for the revision petitioner has submitted that the information received from the Internet would show that the then existing market value of gold was far less than what was shown by the Dep....