https://www.taxtmi.com/caselaws?id=49923 The judgment addressed petitions seeking a stay on the order passed by the Commissioner of Customs regarding misdeclaration and undervaluation of imported Zinc Ingots. The Appellate Tribunal upheld the enhanced assessment, leading to confiscation of goods and imposition of fines and penalties on individuals involved. Despite arguments for penalty waivers, the Tribunal directed the appellants to deposit a percentage of the penalty amounts within a specified timeframe, emphasizing accountability and partial penalty payment. en-us Wed, 20 Sep 2000 00:00:00 +0530 Wed, 18 Aug 2010 14:21:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49923 The judgment addressed petitions seeking a stay on the order passed by the Commissioner of Customs regarding misdeclaration and undervaluation of imported Zinc Ingots. The Appellate Tribunal upheld the enhanced assessment, leading to confiscation of goods and imposition of fines and penalties on individuals involved. Despite arguments for penalty waivers, the Tribunal directed the appellants to deposit a percentage of the penalty amounts within a specified timeframe, emphasizing accountability and partial penalty payment. Case-Laws Central Excise Wed, 20 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49923