1998 (4) TMI 340 - AT - Customs

Summary

The judgment by the Appellate Tribunal CEGAT, Mumbai involved applications for waiving deposit of duty and penalties related to undervalued imports of ball bearings. The tribunal considered the definition of "importer" and found prima facie doubts regarding holding the applicants liable for duty and penalties. Ultimately, the tribunal ordered waiver of penalties and stayed recovery, considering the duty already paid.