Home Case Index All Cases Customs Customs + AT Customs - 2014 (7) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2014 (7) TMI 1215 - AT - CustomsCondonation of delay - waiver of pre-deposit of penalty of ₹ 1.75 crores imposed under Section 112 (a) of the Customs Act, 1962 - waiver of pre-deposit of interest and penalty of ₹ 5,11,47,282/- imposed under Section 114A of the Customs Act - mis-declaration of value of Barge - demand of differential duty confirmed - Held that: - the value of the imported goods i.e. barge is found to be misdeclared, the applicants have not made out a case for waiver of pre-deposit of penalty - pre-deposit of the remaining dues are waived and recovery thereof stayed for hearing the appeals - application disposed off - delay condoned - waiver allowed partly.
|