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of <h1>Appellate Tribunal allows corrigendum in duty order, waives penalty for undervaluing imported marble</h1> The Appellate Tribunal CEGAT, Mumbai allowed the application to add a corrigendum to the duty payable order and waived the penalty of Rs. 5.50 lakhs ... Stay/Dispensation of pre-deposit - Penalty The Appellate Tribunal CEGAT, Mumbai allowed an application to add a corrigendum to the order quantifying duty payable. The applicant sought waiver of a penalty of Rs. 5.50 lakhs imposed under Section 112 of the Act for undervaluing imported marble. The Tribunal waived the penalty citing a previous decision, despite departmental objections.
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