https://www.taxtmi.com/caselaws?id=251376 The High Court dismissed the review application for modification/recall of an order directing a joint venture company to deposit a substantial sum against duty demand and penalty for violations of Customs regulations. The Court emphasized the significant amount involved, the findings of duty evasion and penalties imposed, and the need for pre-deposit, despite arguments of lack of funds and employee malpractices. The Tribunal's detailed instances of duty evasion, fraudulent practices, and violations of the Customs Act were crucial in upholding the previous order and underscoring the seriousness of Customs violations and compliance requirements. en-us Thu, 21 Aug 2014 00:00:00 +0530 Mon, 12 Jan 2015 12:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251376 The High Court dismissed the review application for modification/recall of an order directing a joint venture company to deposit a substantial sum against duty demand and penalty for violations of Customs regulations. The Court emphasized the significant amount involved, the findings of duty evasion and penalties imposed, and the need for pre-deposit, despite arguments of lack of funds and employee malpractices. The Tribunal's detailed instances of duty evasion, fraudulent practices, and violations of the Customs Act were crucial in upholding the previous order and underscoring the seriousness of Customs violations and compliance requirements. Case-Laws Customs Thu, 21 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251376