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    <title>2009 (4) TMI 707 - CESTAT, BANGALORE</title>
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    <description>The Tribunal ordered the appellants, including M/s. Goyal Impex &amp;amp; Industries Ltd., M/s. Goyal Exports, and M/s. Diamond Mink Blankets, to pre-deposit specified amounts towards penalties within three months. Failure to comply would result in the dismissal of the appeals. The Tribunal upheld penalties based on evidence of overvaluation but clarified that Customs authorities cannot alter DEPB credits. Stay applications and requests for condonation of delay were disposed of accordingly.</description>
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    <pubDate>Tue, 21 Apr 2009 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=126321</link>
      <description>The Tribunal ordered the appellants, including M/s. Goyal Impex &amp;amp; Industries Ltd., M/s. Goyal Exports, and M/s. Diamond Mink Blankets, to pre-deposit specified amounts towards penalties within three months. Failure to comply would result in the dismissal of the appeals. The Tribunal upheld penalties based on evidence of overvaluation but clarified that Customs authorities cannot alter DEPB credits. Stay applications and requests for condonation of delay were disposed of accordingly.</description>
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