https://www.taxtmi.com/caselaws?id=170350 The Tribunal allowed the condonation of delay application, upheld penalties and confiscations under various sections of the Customs Act due to fraudulent activities by exporters, clarified the liability of transferees of fraudulently obtained DEPB/DFIA scrips, and affirmed the evidentiary value of statements recorded under Section 108. M/s. Nidhi Textiles and associates were directed to make substantial pre-deposits, while transferees were granted unconditional waiver from pre-deposit. The Tribunal emphasized procedural fairness and evidence validity, directing specific pre-deposits and granting unconditional stay for DEPB license transferees. en-us Mon, 29 Apr 2013 00:00:00 +0530 Wed, 20 May 2015 16:18:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170350 The Tribunal allowed the condonation of delay application, upheld penalties and confiscations under various sections of the Customs Act due to fraudulent activities by exporters, clarified the liability of transferees of fraudulently obtained DEPB/DFIA scrips, and affirmed the evidentiary value of statements recorded under Section 108. M/s. Nidhi Textiles and associates were directed to make substantial pre-deposits, while transferees were granted unconditional waiver from pre-deposit. The Tribunal emphasized procedural fairness and evidence validity, directing specific pre-deposits and granting unconditional stay for DEPB license transferees. Case-Laws Customs Mon, 29 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170350