https://www.taxtmi.com/caselaws?id=766263 The HC dismissed appeals challenging penalties imposed under sections 114 and 114AA of the Customs Act, 1962 for duty drawback evasion. The appellants engaged in deliberate suppression and misdeclaration to fraudulently avail duty drawback benefits. The Tribunal's order requiring pre-deposit for appeal was upheld as reasonable. The court noted appellants had delayed proceedings for over 8 years without making required deposits. Penalties were confirmed, joint and several liability validated, and pre-deposit requirements deemed appropriate. Appellants were given six weeks to deposit the required amount or face enforcement action. en-us Thu, 06 Feb 2025 00:00:00 +0530 Thu, 20 Feb 2025 15:22:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766263 The HC dismissed appeals challenging penalties imposed under sections 114 and 114AA of the Customs Act, 1962 for duty drawback evasion. The appellants engaged in deliberate suppression and misdeclaration to fraudulently avail duty drawback benefits. The Tribunal's order requiring pre-deposit for appeal was upheld as reasonable. The court noted appellants had delayed proceedings for over 8 years without making required deposits. Penalties were confirmed, joint and several liability validated, and pre-deposit requirements deemed appropriate. Appellants were given six weeks to deposit the required amount or face enforcement action. Case-Laws Customs Thu, 06 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766263