1999 (7) TMI 603 - AT - Customs

Summary

The Appellate Tribunal CEGAT, Calcutta imposed a penalty of Rs. 2 lakhs on the appellant for smuggling contraband goods worth Rs. 1,36,45,400. The appellant was directed to deposit Rs. 75,000 within 12 weeks to stay the penalty recovery during the appeal. Failure to deposit would result in dismissal of the appeal.