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2003 (1) TMI 109 - SC - CustomsWhether optical disc drives could be imported by the manufacturers or actual users and not by the appellant, who is manufacturing radio two-in-ones? Held that:- From the facts of the present case, it is apparent that appellant having bona fide impression that it was entitled to import the goods in question for its industrial use. It had imported similar goods earlier also. There was no deliberate attempt on its part to import goods against the policy. In this view of the matter, it will be appropriate to take a lenient view with regard to imposition of redemption fine and the penalty. Accordingly, the appeal is allowed partly. The redemption fine is ordered to be reduced to Rs. 1,00,000/- in place of Rs. 3,00,000/- and the penalty amount is reduced to Rs. 25,000/- in place of Rs. 50,000/-. The appeal stands disposed of accordingly with no order as to costs.
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