https://www.taxtmi.com/caselaws?id=236278 The adjudicating authority imposed penalties on various appellants for abetting the diversion of imported Muriate of Potash (MOP) for unauthorized use under Sections 112(b) and 114(i) of the Customs Act, 1962. M/s Indian Potash Ltd. demonstrated proper accounting, leading to a waiver of pre-deposit. Waivers and stays of recovery were granted based on individual circumstances: M/s Poshak Fertilizers received unconditional waiver, transporters faced vehicle confiscation, exporters as Industrial Salt were absolved from penalties, and fair pre-deposits led to waivers for others. Compliance reporting was required, ensuring a balanced assessment of penalties. en-us Wed, 19 Dec 2012 00:00:00 +0530 Mon, 29 Jul 2013 11:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236278 The adjudicating authority imposed penalties on various appellants for abetting the diversion of imported Muriate of Potash (MOP) for unauthorized use under Sections 112(b) and 114(i) of the Customs Act, 1962. M/s Indian Potash Ltd. demonstrated proper accounting, leading to a waiver of pre-deposit. Waivers and stays of recovery were granted based on individual circumstances: M/s Poshak Fertilizers received unconditional waiver, transporters faced vehicle confiscation, exporters as Industrial Salt were absolved from penalties, and fair pre-deposits led to waivers for others. Compliance reporting was required, ensuring a balanced assessment of penalties. Case-Laws Customs Wed, 19 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236278