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TMI Blog2007 (4) TMI 62X X X X Extracts X X X X X X X X Extracts X X X X ..... 2002/356 dated 3-2-2005. 2. Heard both sides. The relevant facts in brief are as follows: (a) The appellants company, a 100% EOU, has imported yarn, the raw material, without payment of duty for use in the manufacture of grey fabrics for export. (b) On 20-10-2000 when the officers visited the 100% EOU and commenced investigation it was noticed that register for removal of goods to the job worke ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... zed goods which were provisionally released were subsequently used in the manufacture of grey fabrics and the finished goods were exported. In these circumstances, the demand of duty and imposition of penalty equal to the duty demanded on the raw materials were not warranted/justified. 4. I have carefully considered the submissions. I find that M/s Sagar Textiles is one of the firms for which the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the case, I reduce the redemption fine imposed from Rs. 25,000/- to Rs. 10,000/- (rupees ten thousand). I reduce the penalty imposed from Rs. 54,479/- to Rs. 10,000/- (rupees ten thousand). As regards Shri Harish Agarwal, it was noticed that he was not directly responsible for clearing the consignment to the job workers and therefore, I give the benefit of doubt and set aside the penalty imposed o ..... X X X X Extracts X X X X X X X X Extracts X X X X
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