https://www.taxtmi.com/caselaws?id=237228 The tribunal found the duty demand under Section 125(2) of the Customs Act unsustainable as there was no seizure or confiscation. Allegations of improper filing and duty evasion were not substantiated. Penalties under various sections were examined, with the appellant's compliance with procedures highlighted. The tribunal noted the appellant's fulfillment of import formalities and permissions. Due to procedural compliance and lack of intervention by Customs, the demand for duty and penalties were deemed unjustified. A waiver from pre-deposit was granted, and recovery stayed during the appeal, recognizing the appellants' strong case. en-us Mon, 07 Jan 2013 00:00:00 +0530 Mon, 01 Jun 2015 12:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237228 The tribunal found the duty demand under Section 125(2) of the Customs Act unsustainable as there was no seizure or confiscation. Allegations of improper filing and duty evasion were not substantiated. Penalties under various sections were examined, with the appellant's compliance with procedures highlighted. The tribunal noted the appellant's fulfillment of import formalities and permissions. Due to procedural compliance and lack of intervention by Customs, the demand for duty and penalties were deemed unjustified. A waiver from pre-deposit was granted, and recovery stayed during the appeal, recognizing the appellants' strong case. Case-Laws Customs Mon, 07 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237228