2015 (11) TMI 1457

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..... Shri S.N. Kantawala, Advocate For the Respondent : Shri V.K. Singh, Spl. Counsel ORDER Per: M.V. Ravindran All these appeals are directed against Order-in-Original No. 20/2012/CAC/CC(I)/APS/Gr.VA dated 31.3.2012. Since these appeals are directed against the very same order-in-original, they are being disposed of by a common order. 2. The main appellant in these cases is Tiong Woon Project an .....

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..... 00,000/- SGD 52,00,000 Eqv. To Rs. 17,62,80,000/- SGD 37,50,000 Eqv to Rs. 12,71,25,000/-     Customs authorities not satisfied with the valuation as declared by the appellant undertook an investigation and appointed local chartered engineer to ascertain the correct value attributable to the cranes imported. The adjudicating authority rejected the value declared and adopted the valu .....

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..... 9/11/1987, and the difference in value in one case is more than the ascertain value and in one case marginal increase. The adjudicating authority after following the due process of law did not agree with the contentions raised and confirmed the demands with interest, ordered for confiscation of the cranes and release thereof on payment of redemption fine, impose penalties on all the appellants. 3 .....

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..... iven. It is a case of the learned Counsel that they would like to go back before the adjudicating authority and convince him that they are eligible for the depreciation as per board's circular. We find that the adjudicating authority has summararily discarded this plea of the appellants that they are eligible for the benefit of depreciation as per as per board's circular recording that it is simp .....

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..... and appeals are allowed by way of remand to the adjudicating authority to reconsider the issue afresh after following the principles of natural Justice. We record and direct the adjudicating authority that the de novo proceedings should be completed within 4 months of production of certified copy of this order to him. 6. All the appeals are disposed of as indicated hereinabove. (Dictated in Cou .....

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