https://www.taxtmi.com/caselaws?id=98296 At the stay stage, the Tribunal found a prima facie doubt on whether the imported steel sheets were liable to confiscation or penal action, because the bill of entry did not clearly disclose misdeclaration and the applicability of the confiscation clauses was uncertain. The issue whether shipment date should be taken from the bill of lading or actual loading was left for final hearing. On that basis, the Tribunal waived pre-deposit of penalty and stayed recovery, while requiring a partial cash deposit and a bank guarantee toward the redemption fine. en-us Tue, 20 Jun 2000 00:00:00 +0530 Fri, 20 Jan 2012 10:51:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98296 At the stay stage, the Tribunal found a prima facie doubt on whether the imported steel sheets were liable to confiscation or penal action, because the bill of entry did not clearly disclose misdeclaration and the applicability of the confiscation clauses was uncertain. The issue whether shipment date should be taken from the bill of lading or actual loading was left for final hearing. On that basis, the Tribunal waived pre-deposit of penalty and stayed recovery, while requiring a partial cash deposit and a bank guarantee toward the redemption fine. Case-Laws Customs Tue, 20 Jun 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98296