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of <h1>Appellate Tribunal CESTAT Chennai Waives Penalty, Grants Stay on Recovery</h1> The Appellate Tribunal CESTAT, Chennai ruled in favor of the appellant, waiving the penalty of Rs. 50,000 imposed by the Commissioner of Customs due to ... Stay/Dispensation of pre-deposit - Evidence The Appellate Tribunal CESTAT, Chennai ruled in favor of the appellant, waiving the penalty of Rs. 50,000 imposed by the Commissioner of Customs. The penalty was based on a statement not signed by the Superintendent of Customs, making it invalid in law. The tribunal granted a stay of recovery for the appellant.
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