https://www.taxtmi.com/caselaws?id=94384 Pending appeal, the Tribunal considered whether absolute confiscation of imported goods and the penalty should be stayed on a prima facie assessment of the goods' nature and value. It treated the goods as having commercial character and found, at that stage, that absolute confiscation was not warranted. The Tribunal also noted that the goods were of substantial value and could secure the penalty imposed. On that basis, the stay petition was accepted and the penalty was waived for the purpose of hearing the appeal. en-us Tue, 08 Dec 1998 00:00:00 +0530 Tue, 22 Nov 2011 11:09:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94384 Pending appeal, the Tribunal considered whether absolute confiscation of imported goods and the penalty should be stayed on a prima facie assessment of the goods' nature and value. It treated the goods as having commercial character and found, at that stage, that absolute confiscation was not warranted. The Tribunal also noted that the goods were of substantial value and could secure the penalty imposed. On that basis, the stay petition was accepted and the penalty was waived for the purpose of hearing the appeal. Case-Laws Customs Tue, 08 Dec 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94384