https://www.taxtmi.com/caselaws?id=97496 The Appellate Tribunal granted partial stay in two stay petitions related to penalties imposed by the Commissioner of Customs, Calcutta. The dispute involved evasion of Customs duty through misdeclaration and undervaluation of imported goods, leading to confiscation and penalties. The judgment highlighted the involvement of individuals in the evasion scheme, with one individual identified as the main orchestrator. The Tribunal allowed a specified deposit amount and retained seized funds towards penalties, acknowledging arguable aspects of the case and ordering compliance within a set timeframe. en-us Mon, 03 Apr 2000 00:00:00 +0530 Tue, 17 Jan 2012 10:24:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97496 The Appellate Tribunal granted partial stay in two stay petitions related to penalties imposed by the Commissioner of Customs, Calcutta. The dispute involved evasion of Customs duty through misdeclaration and undervaluation of imported goods, leading to confiscation and penalties. The judgment highlighted the involvement of individuals in the evasion scheme, with one individual identified as the main orchestrator. The Tribunal allowed a specified deposit amount and retained seized funds towards penalties, acknowledging arguable aspects of the case and ordering compliance within a set timeframe. Case-Laws Customs Mon, 03 Apr 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97496