https://www.taxtmi.com/caselaws?id=87752 The Appellate Tribunal CEGAT, Mumbai held that the Master of the Vessel must deposit a partial amount of the penalty imposed under Section 112 of the Customs Act, 1962 for the appeal to be heard, despite arguments of unjustified penalty. The owners of the vessel were not required to deposit the redemption fine for hearing the appeal under Section 129E of the Customs Act, as they lacked culpable knowledge of the smuggled gold. The Tribunal affirmed its jurisdiction to grant stays on payment of redemption fines as incidental to its authority to modify lower authority orders. en-us Tue, 21 Jan 1997 00:00:00 +0530 Sat, 10 Sep 2011 11:09:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87752 The Appellate Tribunal CEGAT, Mumbai held that the Master of the Vessel must deposit a partial amount of the penalty imposed under Section 112 of the Customs Act, 1962 for the appeal to be heard, despite arguments of unjustified penalty. The owners of the vessel were not required to deposit the redemption fine for hearing the appeal under Section 129E of the Customs Act, as they lacked culpable knowledge of the smuggled gold. The Tribunal affirmed its jurisdiction to grant stays on payment of redemption fines as incidental to its authority to modify lower authority orders. Case-Laws Customs Tue, 21 Jan 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87752