2012 (8) TMI 324

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..... n is filed for waiver of pre-deposit of penalties totalling to Rs.13 lakhs imposed under Section 114 and Section 114AA of Customs Act, 1962.   2. Heard both sides and perused the records.   3. The penalties have been imposed on the ground that the current appellant had impersonated himself and has exported the goods which are over-valued and which were held liable for confiscation. The .....

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..... nce he is unable to deposit 25% of the amounts involved.   5. On consideration of the submissions made by the appellant, we find that the issue is not free from doubt. We also find that the Hon'ble High Court of Gujarat has directed the similarly placed appellants to deposit 25% of the amount of penalty. Considering the fact that the first appellate authority has himself expressed observatio .....

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