Customs Tribunal Upheld, Appellant Must Pay Rs. 10 Lakhs Penalty Before Appeal Hearing

The High Court upheld the Customs Tribunal's decision, requiring the appellant to deposit a penalty of Rs. 10 lakhs before hearing the appeal. The Tribunal's reduction of liability from Rs. 50 lakhs to Rs. 10 lakhs was deemed appropriate, and the Court found no grounds to overturn this decision. Consequently, the appeal was dismissed.

---

---

The High Court upheld the Customs Tribunal's decision, requiring the appellant to deposit a penalty of Rs. 10 lakhs before hearing the appeal. The Tribunal reduced the initial liability of Rs. 50 lakhs to Rs. 10 lakhs, and the Court found no errors in the Tribunal's discretion. The appeal was dismissed.

---