https://www.taxtmi.com/caselaws?id=115956 The Tribunal granted waiver of pre-deposit and stayed the recovery in a case involving the seizure of imported Polyester Yarn without duty paying documents. The Commissioner of Customs (Appeals) upheld certain aspects but set aside the demand and confirmation of duty for goods cleared clandestinely. The Tribunal considered relevant legal precedents cited by the appellants and granted relief based on the argument that penal provisions cannot be upheld when the demand of duty is dropped. The Department did not appeal, emphasizing the significance of legal principles in determining outcomes under the Customs Act, 1962. en-us Wed, 02 Mar 2005 00:00:00 +0530 Wed, 06 Jun 2012 11:02:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115956 The Tribunal granted waiver of pre-deposit and stayed the recovery in a case involving the seizure of imported Polyester Yarn without duty paying documents. The Commissioner of Customs (Appeals) upheld certain aspects but set aside the demand and confirmation of duty for goods cleared clandestinely. The Tribunal considered relevant legal precedents cited by the appellants and granted relief based on the argument that penal provisions cannot be upheld when the demand of duty is dropped. The Department did not appeal, emphasizing the significance of legal principles in determining outcomes under the Customs Act, 1962. Case-Laws Customs Wed, 02 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115956