2000 (8) TMI 818

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..... espondent. [Order per : Archana Wadhwa, Member (J)]. The prayer in the application is for dispensing with the condition of pre-deposit of penalty amount of Rs. 5 lakhs imposed under Section 112 of the Customs Act, 1962. 2. Arguing on the application, Shri Ramesh Kumar Chowdhury, learned Advocate along with Shri B.N. Pal, learned Advocate submits that one consignment of imported raw sil .....

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..... eased operation since 1995. He submits that in the light of this clear report of the investigating officer, there was no justification for holding the appellant as the importer of the silk yarn in question to impose personal penalty upon them. 3. We have heard Shri V.K. Chaturvedi, learned SDR who reiterates the reasoning of the Commissioner. 4. After hearing both sides and after going through .....

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