https://www.taxtmi.com/caselaws?id=44998 The Court allowed both petitions, setting aside the Tribunal's penalty imposition order and staying penalty recovery during appeal hearings. It held that the penalty was unjustified as the goods were only attempted to be exported, not rendering them liable to confiscation under Section 113. Emphasizing the need for waiver of pre-deposit in cases of undue hardship, the Court overturned the Tribunal's decision and prohibited parties from relying on its opinion during further appeal proceedings. en-us Wed, 29 Jul 1998 00:00:00 +0530 Wed, 07 Jul 2010 15:50:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=44998 The Court allowed both petitions, setting aside the Tribunal's penalty imposition order and staying penalty recovery during appeal hearings. It held that the penalty was unjustified as the goods were only attempted to be exported, not rendering them liable to confiscation under Section 113. Emphasizing the need for waiver of pre-deposit in cases of undue hardship, the Court overturned the Tribunal's decision and prohibited parties from relying on its opinion during further appeal proceedings. Case-Laws Customs Wed, 29 Jul 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=44998