Customs Tribunal Upheld Penalty Order: Pre-Deposit Rs. 15,00,000 within 6 Weeks

The Supreme Court upheld the penalty imposed by the Customs, Excise & Service Tax Appellate Tribunal, directing the appellant to pre-deposit Rs. 15,00,000 within six weeks, with an additional six weeks granted for compliance. The Tribunal was instructed to expedite the appeal process following the pre-deposit.

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The Supreme Court dismissed the appeal against the High Court's judgment upholding a penalty imposed by the Customs, Excise & Service Tax Appellate Tribunal. The appellant was directed to pre-deposit Rs. 15,00,000 within six weeks. The Court granted another six weeks for compliance and instructed the Tribunal to expedite the appeal process after the pre-deposit.

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