Appellate Tribunal Waives Penalty, Truck Owner Exempted from Deposit The Appellate Tribunal ruled in favor of the appellant, waiving the pre-deposit condition of a penalty amount of Rs. 1.00 lakh imposed on the truck owner ...
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Appellate Tribunal Waives Penalty, Truck Owner Exempted from Deposit
The Appellate Tribunal ruled in favor of the appellant, waiving the pre-deposit condition of a penalty amount of Rs. 1.00 lakh imposed on the truck owner for carrying contraband synthetic fabric. The owner, claiming lack of knowledge about the contraband, had already paid Rs. 5,000.00 towards the penalty. The truck was confiscated with an option to redeem it for Rs. 50,000.00. The Tribunal exempted the appellant from depositing Rs. 95,000.00 and set the main appeal for 24-10-2000.
The Appellate Tribunal CEGAT, Calcutta ruled in favor of the appellant, dispensing with the pre-deposit condition of penalty amount of Rs. 1.00 lakh imposed on the owner of a truck carrying contraband synthetic fabric covered with bananas. The owner claimed lack of knowledge about the fabric being contraband. The appellant had already paid Rs. 5,000.00 towards the penalty. The truck was confiscated with an option to redeem it for Rs. 50,000.00. The Tribunal dispensed with the pre-deposit condition of Rs. 95,000.00 and scheduled the main appeal for 24-10-2000.
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