2000 (3) TMI 240 - AT - Customs

Summary

The Appellate Tribunal CEGAT, Mumbai set aside the penalty of Rs. 2 lakh each imposed on two appellants under Section 112 of the Customs Act, 1962, in a case involving smuggling of silver ingots. The Tribunal found insufficient evidence connecting the appellants to the smuggling activities, citing lack of credible evidence and remote connections. The appeals were allowed.