https://www.taxtmi.com/caselaws?id=210211 Waiver of penalties and stay of recovery were granted in customs appeals involving alleged import-regulation contraventions after the duty-evasion aspect had already been settled under section 28(1A) of the Customs Act, 1962. The Tribunal treated the remaining dispute as confined to the alleged regulatory breach, noted that the penalties appeared prima facie excessive, and took into account comparable relief in connected matters and the pre-deposits already made. Recovery of the disputed amounts was stayed during pendency of the appeals, subject to a bar on refund of the stated amount until final disposal. en-us Mon, 30 May 2011 00:00:00 +0530 Fri, 23 Nov 2012 18:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210211 Waiver of penalties and stay of recovery were granted in customs appeals involving alleged import-regulation contraventions after the duty-evasion aspect had already been settled under section 28(1A) of the Customs Act, 1962. The Tribunal treated the remaining dispute as confined to the alleged regulatory breach, noted that the penalties appeared prima facie excessive, and took into account comparable relief in connected matters and the pre-deposits already made. Recovery of the disputed amounts was stayed during pendency of the appeals, subject to a bar on refund of the stated amount until final disposal. Case-Laws Customs Mon, 30 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210211