2001 (2) TMI 519 - AT - Customs

Summary

The Appellate Tribunal CEGAT, New Delhi considered whether statements made under Section 108 of the Customs Act can be relied upon as evidence. The Tribunal held that such statements can be used as substantive evidence for penalizing individuals under the Customs Act, based on previous decisions by the Hon'ble Supreme Court. The reference applications were dismissed as the issue was settled by the Supreme Court. (Case citation: 2001 (2) TMI 519 - CEGAT, New Delhi)