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2010 (2) TMI 410 - HC - CustomsEvidence- The impugned order of the appellate tribunal imposing penalty on the petitioner for violation of the Foreign exchange Registration Act, 1973. this is challenge by the appellant. Held that-. More possession of currency notes may not prove any violation of the statute. There is absence of discussion of such evidence. 7. In that view of the matter, the order of Tribunal dated 29.3.2007 is set aside as against the writ petitioner. The Appellate Tribunal is directed to rehear the appeal on the basis of the above observations within a period of three months from the date of communication of this order.
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