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2011 (2) TMI 1377

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....Respondent : Mr Darshan M Parikh ORAL ORDER (Per : HONOURABLE MR.JUSTICE AKIL KURESHI) 1. Heard learned advocates for the parties for final disposal of the petition. 2. Brief facts are as follows:- The petitioners-assessees were ordered to pay customs duty and other related charges to the tune of ₹ 1,75,00,000/- by the competent officer in his order in original. In appeal such liabili....

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.... Tribunal plea of financial hardship was raised. The Tribunal, however, did not consider the same on the premise that no documents in support of such plea have been produced. Counsel drew our attention to the application for modification and accompanying documents which include besides others, the audit, balance-sheet and other financial statements of the petitioners. On the basis of such document....