Home Case Index All Cases Customs Customs + AT Customs - 2013 (10) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2013 (10) TMI 676 - CESTAT CHENNAIFraudulent export - export of red sanders in the name of Readymade garments - waiver of pre deposit - Held that:- case was made out mainly on the basis of the statement and it is noted that the applicant admitted his involvement in his statement during the investigation. Hence the applicant has not made out a prima facie case for waiver of entire amount of penalty. After considering the financial hardship as stated by the learned counsel, we direct the applicant to pre-deposit a further sum of Rs.50,000 within a period of eight weeks and report compliance on 6.9.2013. Upon such deposit, pre-deposit of the balance amount of penalty shall stand waived and recovery thereof stayed during the pendency of the appeal - stay granted partly.
|