https://www.taxtmi.com/caselaws?id=260335 The tribunal found that duty evasion through fabricated TRAs without mentioning GSM resulted in a duty liability of Rs. 29,92,424. Appellants, importers, and brokers sought a waiver of predeposit due to innocence and financial difficulties. However, the tribunal emphasized the seriousness of duty evasion, directing predeposit within 8 weeks. Penalties ranging from Rs. 1,50,000 to Rs. 9,50,000 were imposed on various appellants, who contested them citing financial constraints. The tribunal upheld the penalties and ordered compliance with predeposit orders to protect the Revenue's interests. Compliance with predeposit rules during the appeal process was stressed to avoid prejudice to the Revenue, with parties directed to make predeposits within the specified timeframe. en-us Tue, 03 Feb 2015 00:00:00 +0530 Tue, 09 Jun 2015 07:28:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260335 The tribunal found that duty evasion through fabricated TRAs without mentioning GSM resulted in a duty liability of Rs. 29,92,424. Appellants, importers, and brokers sought a waiver of predeposit due to innocence and financial difficulties. However, the tribunal emphasized the seriousness of duty evasion, directing predeposit within 8 weeks. Penalties ranging from Rs. 1,50,000 to Rs. 9,50,000 were imposed on various appellants, who contested them citing financial constraints. The tribunal upheld the penalties and ordered compliance with predeposit orders to protect the Revenue's interests. Compliance with predeposit rules during the appeal process was stressed to avoid prejudice to the Revenue, with parties directed to make predeposits within the specified timeframe. Case-Laws Customs Tue, 03 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260335