https://www.taxtmi.com/caselaws?id=246147 The Tribunal granted an unconditional waiver from pre-deposit of penalties and stayed their recovery during the appeal process in a case involving the confiscation of foreign currency and imposition of penalties under the Customs Act and FEMA. The appellants successfully challenged the decision that did not allow redemption of the currency and imposed penalties on individuals involved in smuggling. The Tribunal also allowed an early hearing of the appeal, directing the listing of appeals for final hearing on a specific date before the Appellate Tribunal CESTAT MUMBAI. en-us Mon, 27 Jan 2014 00:00:00 +0530 Thu, 17 Apr 2014 06:46:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246147 The Tribunal granted an unconditional waiver from pre-deposit of penalties and stayed their recovery during the appeal process in a case involving the confiscation of foreign currency and imposition of penalties under the Customs Act and FEMA. The appellants successfully challenged the decision that did not allow redemption of the currency and imposed penalties on individuals involved in smuggling. The Tribunal also allowed an early hearing of the appeal, directing the listing of appeals for final hearing on a specific date before the Appellate Tribunal CESTAT MUMBAI. Case-Laws Customs Mon, 27 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246147