2001 (8) TMI 675 - AT - Customs

Summary

The appellant was penalized Rs. 15,000 under Sec. 112 of the Customs Act for possessing foreign gold biscuits without evidence of legal import. The penalty was reduced to Rs. 5,000 as the appellant admitted possession, and the appeal was upheld based on lack of evidence for legal import. The judgment cited that punishment under Customs Act and another law for the same offense does not constitute double punishment.