https://www.taxtmi.com/caselaws?id=176533 The Tribunal upheld the confiscation of polyester fabrics imported using tampered DFRC license, imposing customs duty, redemption fines, and penalties on the appellants. Despite lack of personal hearing before penalties, the Tribunal directed predeposit of penalty amounts within eight weeks, with compliance leading to waiver of balance dues and stay on recovery during the appeal. The decision addresses the role of a mastermind in obtaining bogus IEC and using forged/tampered documents, emphasizing penalty payment compliance alongside the appeal process. en-us Tue, 02 Jun 2015 00:00:00 +0530 Wed, 23 Dec 2015 22:41:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176533 The Tribunal upheld the confiscation of polyester fabrics imported using tampered DFRC license, imposing customs duty, redemption fines, and penalties on the appellants. Despite lack of personal hearing before penalties, the Tribunal directed predeposit of penalty amounts within eight weeks, with compliance leading to waiver of balance dues and stay on recovery during the appeal. The decision addresses the role of a mastermind in obtaining bogus IEC and using forged/tampered documents, emphasizing penalty payment compliance alongside the appeal process. Case-Laws Customs Tue, 02 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176533