https://www.taxtmi.com/caselaws?id=240687 The Tribunal granted relief to the applicant by waiving the pre-deposit of interest and penalty during the appeal process. The decision was based on the lack of evidence showing the applicant's connivance with the company that fraudulently obtained the DEPB Scrip. Despite the duty liability admitted and paid by the company, no direct involvement of the applicant in the fraudulent activities was found, leading to the Tribunal deeming the penalty imposition unsustainable. en-us Thu, 26 Jul 2012 00:00:00 +0530 Tue, 10 Dec 2013 08:00:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240687 The Tribunal granted relief to the applicant by waiving the pre-deposit of interest and penalty during the appeal process. The decision was based on the lack of evidence showing the applicant's connivance with the company that fraudulently obtained the DEPB Scrip. Despite the duty liability admitted and paid by the company, no direct involvement of the applicant in the fraudulent activities was found, leading to the Tribunal deeming the penalty imposition unsustainable. Case-Laws Customs Thu, 26 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240687