https://www.taxtmi.com/caselaws?id=152001 The appellate tribunal waived the pre-deposit of a penalty of Rs. 1,00,00,000/- imposed on the appellant under Section 114 of the Customs Act, 1962. The tribunal found that there was a lack of clear evidence linking the appellant to the attempted export of contraband, noting that the goods were sealed at the appellant's premises under Customs supervision. As a result, the tribunal granted relief to the appellant by staying the recovery of the penalty amount pending the appeal's disposal. en-us Thu, 30 Jul 2009 00:00:00 +0530 Fri, 21 Jun 2013 11:43:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152001 The appellate tribunal waived the pre-deposit of a penalty of Rs. 1,00,00,000/- imposed on the appellant under Section 114 of the Customs Act, 1962. The tribunal found that there was a lack of clear evidence linking the appellant to the attempted export of contraband, noting that the goods were sealed at the appellant's premises under Customs supervision. As a result, the tribunal granted relief to the appellant by staying the recovery of the penalty amount pending the appeal's disposal. Case-Laws Customs Thu, 30 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152001