2000 (1) TMI 362 - AT - Customs

Summary

The Appellate Tribunal CEGAT, New Delhi granted waiver of pre-deposit for penalty amounts imposed under Section 112(a) for Shyam Sunder, Raj Kumar, and Lal Chand Mani Lal. The Tribunal found balance of convenience in favor of the applicants and stayed the recovery of penalties during the appeal process.