Home Case Index All Cases Customs Customs + HC Customs - 2014 (8) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2014 (8) TMI 651 - MADRAS HIGH COURTConfiscation of goods - Misdeclaration of goods - Malafide intention to avail benefit of DEEC Scheme - Redemption fine - Held that:- earned counsel for the appellant fairly submitted that on the plea of mis-declaration with regard to grade and value of the goods, he is not seriously disputing the finding of the Commissioner of Customs as well as the Tribunal - Tribunal has, in fact, been lenient in reducing the redemption fine from ₹ 2,50,000/- to ₹ 1,00,000/- and penalty from ₹ 30,000/- to ₹ 5,000/- in a case of proven mis-declaration of goods with an intention to avail the benefit conferred under DEEC Scheme, which, in our considered opinion, justifies confiscation of goods and imposition of redemption fine and penalty. Considering the facts and circumstances of the case, we are of the firm view that the order passed by the Tribunal warrants no interference and the importer is not entitled to seek any further indulgence. - Decided against assessee.
|