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2008 (8) TMI 581

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..... k shared by the respondent - no other corroborative evidence against the respondent - no justifiable reason for imposing the penalty on the respondent and set aside - appeal dismissed - 7 of 2008 - - - Dated:- 12-8-2008 - Badar Durrez Ahmed and Rajiv Shakdher, JJ. REPRESENTED BY : S/Shri Mukesh Anand with Ms. Zeba Taranum Khan and Shailesh Tiwary, for the Appellant. [Order]. .....

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..... Vikram Singh Dahiya) had introduced him to the Hong Kong buyer and helped him in getting the IEC code number. The premises of the respondent were also searched. However, nothing incriminating was recovered therefrom. Penalty, however, was imposed on the respondent on the basis of the aforesaid facts. 3. The Tribunal, after considering factual position returned a finding that even if it was acce .....

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..... After returning the said findings of fact, the Tribunal came to the conclusion that there was no justifiable reason for imposing the penalty on the respondent and set aside the same. 4. We have heard the counsel for the appellant and we feel that there is no cause for us to interfere with the order passed by the Tribunal particularly because it is in the nature of findings on facts. The only ex .....

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