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TMI Blog2006 (6) TMI 18X X X X Extracts X X X X X X X X Extracts X X X X ..... machines at Singapore Dollar 65, 577. Taking the view that the machines were not capital goods and that their description and value had been misdeclared by the importer, the department proposed to confiscate the same under Section 111(d) of the Customs Act as also to impose penalty on the importer under Section 112 of the Act. The assessable value of the goods was also proposed to be enhanced as above. These proposals were upheld by the original authority, which fixed the assessable value of the goods at Rs. 17,57,463/- under Rule 8 of the Customs Valuation Rules, 1988; confiscated the goods under Section 111(d) with option for redemption on payment of a fine of Rs. 5.25 lakhs under Section 125 and imposed a penalty of Rs. 2.6 lakhs on the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... erala High Court's decision in Atul Commodities, Id SDR prays for restoring the order passed by the original authority. 3. Ld. Counsel for the respondents has placed on record the Tribunal's Larger Bench decision and decisions rendered by the regular Bench at Chennai by following the above decision. It is also submitted that, in any case, the quanta of fine and penalty imposed by the original authority are unreasonably high. It is pointed out that, in the determination of fine and penalty, it should be borne in mind that the goods were imported at a time when it was widely accepted that second-hand photocopiers were capital goods requiring no import licence. 4. After giving careful consideration to the submissions, I do not find any confl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ld. counsel submits that it is still open to the Tribunal to sit in judgment over the correctness or otherwise of the quanta of fine and penalty. I must agree with this argument. Now that the appellate Commissioner's order setting aside confiscation (with RF) and penalty has been held liable to be set aside, a question would legitimately arise as to what should be the appropriate quanta of fine and penalty. There is an element of discretion in the determination of these factors. The original authority does not seem to have exercised this discretion on sound principles of law and justice. In this context, I advantageously take judicial notice of the fact that it is a departmental practice to impose redemption fine in the range of 10 to 25% o ..... X X X X Extracts X X X X X X X X Extracts X X X X
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