1995 (1) TMI 207 - AT - Customs

Summary

The Appellate Tribunal CEGAT, Bombay ordered the appellant to deposit Rs. 6.00 lacs towards penalty for importing second-hand diesel engines instead of new engines. The appellant claimed they were unaware of the switch and took steps to stop payment and inform customs authorities. The tribunal granted a stay and waiver of the penalty amount, finding in favor of the appellant based on prima facie evidence.