https://www.taxtmi.com/caselaws?id=239072 In pending stay proceedings, the Tribunal considered prima facie allegations of undervaluation and mis-declaration of imported goods, together with proposed penalty under Section 112A of the Customs Act, 1962 and value enhancement based on tariff value and notifications under Section 14(2). Applying the settled principles governing interim relief, it balanced hardship to the appellant against prejudice to the Revenue. The Tribunal directed a pre-deposit of Rs. 10 lakhs within six weeks as a condition for stay, with failure to comply leading to dismissal of the appeals. en-us Mon, 08 Apr 2013 00:00:00 +0530 Tue, 05 Nov 2013 11:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239072 In pending stay proceedings, the Tribunal considered prima facie allegations of undervaluation and mis-declaration of imported goods, together with proposed penalty under Section 112A of the Customs Act, 1962 and value enhancement based on tariff value and notifications under Section 14(2). Applying the settled principles governing interim relief, it balanced hardship to the appellant against prejudice to the Revenue. The Tribunal directed a pre-deposit of Rs. 10 lakhs within six weeks as a condition for stay, with failure to comply leading to dismissal of the appeals. Case-Laws Customs Mon, 08 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239072