https://www.taxtmi.com/caselaws?id=116853 Misdeclared and concealed goods were treated as liable to confiscation despite later abandonment, and the commentary notes that such abandonment did not negate exposure to penalty under Section 112 of the Customs Act. In considering interim relief against the penalty, the Tribunal also referred to the penalty imposed on the co-noticee and the appellant's plea of financial hardship. Partial waiver of pre-deposit was granted, subject to deposit of a specified amount within six weeks, with the balance waiver contingent on that compliance. en-us Fri, 25 Nov 2005 00:00:00 +0530 Mon, 18 Jun 2012 12:51:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116853 Misdeclared and concealed goods were treated as liable to confiscation despite later abandonment, and the commentary notes that such abandonment did not negate exposure to penalty under Section 112 of the Customs Act. In considering interim relief against the penalty, the Tribunal also referred to the penalty imposed on the co-noticee and the appellant's plea of financial hardship. Partial waiver of pre-deposit was granted, subject to deposit of a specified amount within six weeks, with the balance waiver contingent on that compliance. Case-Laws Customs Fri, 25 Nov 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116853