https://www.taxtmi.com/caselaws?id=263814 The Appellate Tribunal CESTAT CHENNAI found M/s. Umang Overseas, M/s. Narayan Impex, Shri Shiyam Sundar, and Shri Rajiv Arora directly involved in mis-declaration of goods for DEPB benefits, leading to justified penalties. The Tribunal directed specific pre-deposit amounts for each party, with instructions to comply within four weeks. Compliance would result in the waiver of the balance penalties and stay on penalty recovery pending appeal disposal. The judgment emphasized the consequences of non-compliance and provided a structured approach for penalty resolution. en-us Thu, 04 Dec 2014 00:00:00 +0530 Thu, 10 Sep 2015 13:43:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263814 The Appellate Tribunal CESTAT CHENNAI found M/s. Umang Overseas, M/s. Narayan Impex, Shri Shiyam Sundar, and Shri Rajiv Arora directly involved in mis-declaration of goods for DEPB benefits, leading to justified penalties. The Tribunal directed specific pre-deposit amounts for each party, with instructions to comply within four weeks. Compliance would result in the waiver of the balance penalties and stay on penalty recovery pending appeal disposal. The judgment emphasized the consequences of non-compliance and provided a structured approach for penalty resolution. Case-Laws Customs Thu, 04 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263814