https://www.taxtmi.com/caselaws?id=332055 The court upheld the order directing a deposit of Rs. 50 lakhs for entertaining an appeal on customs duty and penalty. Despite the petitioner's financial difficulties, the appellate authority's decision was deemed justified based on natural justice principles. The court acknowledged the petitioner's challenges but reduced the deposit to Rs. 30 lakhs within two months, considering the financial constraints. This judgment demonstrates a balance between statutory predeposit requirements and the petitioner's financial situation, ensuring the appeal could proceed on its merits. en-us Tue, 28 Jun 2016 00:00:00 +0530 Wed, 04 Jan 2017 17:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332055 The court upheld the order directing a deposit of Rs. 50 lakhs for entertaining an appeal on customs duty and penalty. Despite the petitioner's financial difficulties, the appellate authority's decision was deemed justified based on natural justice principles. The court acknowledged the petitioner's challenges but reduced the deposit to Rs. 30 lakhs within two months, considering the financial constraints. This judgment demonstrates a balance between statutory predeposit requirements and the petitioner's financial situation, ensuring the appeal could proceed on its merits. Case-Laws Customs Tue, 28 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332055