2005 (1) TMI 529

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....ava, JDR, for the Respondent. [Order per : Jyoti Balasundaram, Vice-President]. -  The applications for waiver of pre-deposit of penalty of Rs. 12 lakhs imposed on Shri Pravin Gupta and Rs. 15 lakhs on Shri Ravi Divecha under the provisions of Section 112 (i) of the Customs Act, 1962 arise out of the order of the Commissioner of Customs (I), Mumbai. Penalties have been imposed on the ground....