https://www.taxtmi.com/caselaws?id=116869 The Tribunal found that confiscation and penalties imposed under the Customs Act, 1962 were not justified due to lack of evidence of deliberate wrongdoing by the importing company. The judges ordered a waiver of pre-deposit of penalties and stayed recovery pending further hearings. While both judges agreed on the waiver, one emphasized the lack of evidence of knowledge regarding misrepresentation by the Custom House Agent. The case highlighted differing views on the waiver of pre-deposit but ultimately maintained status quo for further proceedings. en-us Tue, 13 Dec 2005 00:00:00 +0530 Mon, 18 Jun 2012 14:46:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116869 The Tribunal found that confiscation and penalties imposed under the Customs Act, 1962 were not justified due to lack of evidence of deliberate wrongdoing by the importing company. The judges ordered a waiver of pre-deposit of penalties and stayed recovery pending further hearings. While both judges agreed on the waiver, one emphasized the lack of evidence of knowledge regarding misrepresentation by the Custom House Agent. The case highlighted differing views on the waiver of pre-deposit but ultimately maintained status quo for further proceedings. Case-Laws Customs Tue, 13 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116869