https://www.taxtmi.com/caselaws?id=248606 The Tribunal found sufficient evidence of mis-declaration and involvement in a smuggling racket by the appellants. Penalties were imposed on individuals and companies, including fines of Rs. 30 lakhs and Rs. 50 lakhs on Shri Mool Chand Sharma in different capacities. The appellants were directed to make pre-deposits before their appeals could be heard, emphasizing the seriousness of customs compliance to prevent revenue loss. en-us Tue, 11 Feb 2014 00:00:00 +0530 Wed, 18 Jun 2014 13:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248606 The Tribunal found sufficient evidence of mis-declaration and involvement in a smuggling racket by the appellants. Penalties were imposed on individuals and companies, including fines of Rs. 30 lakhs and Rs. 50 lakhs on Shri Mool Chand Sharma in different capacities. The appellants were directed to make pre-deposits before their appeals could be heard, emphasizing the seriousness of customs compliance to prevent revenue loss. Case-Laws Customs Tue, 11 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248606