https://www.taxtmi.com/caselaws?id=239070 The Tribunal dismissed the appellant's stay application seeking waiver of a penalty of Rs.5 lakhs imposed under Section 114 of the Customs Act. Despite finding no prima facie case against the penalty, the appellant was directed to pre-deposit Rs.1,00,000 within six weeks. The waiver and stay of the remaining penalty were subject to this condition. The judgment underscores the legal process regarding penalties under the Customs Act, emphasizing procedural fairness and compliance with legal requirements in customs enforcement matters. en-us Mon, 08 Apr 2013 00:00:00 +0530 Tue, 05 Nov 2013 11:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239070 The Tribunal dismissed the appellant's stay application seeking waiver of a penalty of Rs.5 lakhs imposed under Section 114 of the Customs Act. Despite finding no prima facie case against the penalty, the appellant was directed to pre-deposit Rs.1,00,000 within six weeks. The waiver and stay of the remaining penalty were subject to this condition. The judgment underscores the legal process regarding penalties under the Customs Act, emphasizing procedural fairness and compliance with legal requirements in customs enforcement matters. Case-Laws Customs Mon, 08 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239070