https://www.taxtmi.com/caselaws?id=114777 The Tribunal ruled in favor of the appellants, finding that the misdeclaration of PMV to obtain higher DEPB credit did not automatically make the goods "prohibited" under Sections 113(d) and (l) of the Customs Act. The Tribunal granted the waiver of pre-deposit and stay of recovery, as the appellants successfully demonstrated a strong prima facie case against the penalty imposed by the Commissioner of Customs. en-us Mon, 27 Dec 2004 00:00:00 +0530 Mon, 21 May 2012 10:36:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114777 The Tribunal ruled in favor of the appellants, finding that the misdeclaration of PMV to obtain higher DEPB credit did not automatically make the goods "prohibited" under Sections 113(d) and (l) of the Customs Act. The Tribunal granted the waiver of pre-deposit and stay of recovery, as the appellants successfully demonstrated a strong prima facie case against the penalty imposed by the Commissioner of Customs. Case-Laws Customs Mon, 27 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114777