https://www.taxtmi.com/caselaws?id=111953 The Appellate Tribunal CESTAT, Chennai ruled in favor of the appellant, waiving the penalty of Rs. 50,000 imposed by the Commissioner of Customs due to the invalidity of the statement. The tribunal also granted a stay of recovery for the appellant. en-us Fri, 28 May 2004 00:00:00 +0530 Wed, 25 Apr 2012 18:54:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111953 The Appellate Tribunal CESTAT, Chennai ruled in favor of the appellant, waiving the penalty of Rs. 50,000 imposed by the Commissioner of Customs due to the invalidity of the statement. The tribunal also granted a stay of recovery for the appellant. Case-Laws Customs Fri, 28 May 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111953