https://www.taxtmi.com/caselaws?id=261300 The Tribunal confirmed a duty demand of approximately Rs. 63 lakhs against M/s. Indam Recycling (P) Ltd. for under-valuation of imported computer parts. Penalties were imposed on the CHA firm and its Managing Director. Similar demands were confirmed against other importers for under-valuation, with penalties imposed separately. The Tribunal directed specific deposit amounts as a condition for hearing appeals, with M/s. Indam Recycling Pvt. Ltd. required to deposit Rs. 10 lakhs. All appellants were given twelve weeks to comply with the deposit requirements, with recovery stayed during the appeal pendency. Compliance verification was set for 28/09/2015. en-us Wed, 17 Jun 2015 00:00:00 +0530 Tue, 07 Jul 2015 14:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261300 The Tribunal confirmed a duty demand of approximately Rs. 63 lakhs against M/s. Indam Recycling (P) Ltd. for under-valuation of imported computer parts. Penalties were imposed on the CHA firm and its Managing Director. Similar demands were confirmed against other importers for under-valuation, with penalties imposed separately. The Tribunal directed specific deposit amounts as a condition for hearing appeals, with M/s. Indam Recycling Pvt. Ltd. required to deposit Rs. 10 lakhs. All appellants were given twelve weeks to comply with the deposit requirements, with recovery stayed during the appeal pendency. Compliance verification was set for 28/09/2015. Case-Laws Customs Wed, 17 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261300