https://www.taxtmi.com/caselaws?id=94962 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. en-us Thu, 12 Oct 2000 00:00:00 +0530 Tue, 06 Dec 2011 11:30:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94962 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. Case-Laws Customs Thu, 12 Oct 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94962