The Customs, Excise and Service Tax Appellate Tribunal, Allahabad Bench, has held that mere reliance on an uncorroborated statement—especially when based on hearsay—cannot establish the smuggled nature of gold, setting aside confiscation and penalty proceedings against an individual. The bench of P.K. Choudhary (Judicial  Member) allowed the appeal overturning the orders of the adjudicating authority…