TMI Blog2009 (9) TMI 836X X X X Extracts X X X X X X X X Extracts X X X X ..... order No. 396/2005 dated 12-8-2005, the Bench had observed as follows : The appeal is against enhancement of value of imported goods. The importer has admitted misdeclaration of the description, quantity and value of the goods. The goods have been confiscated with option for redemption and the goods have been redeemed by the party by paying fine as well as duty. There is also a penalty on the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rgical examination, the same was found to be Electrolytic Tin Plate . As such, he states that the impugned goods are liable for confiscation under Section 111(m). Moreover, he states that the value of the goods has also been under declared. The ld. JCDR states that fine and penalty imposed is very reasonable compared to the actual value of the goods and the same calls for no reduction. 4. After ..... X X X X Extracts X X X X X X X X Extracts X X X X
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