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M/s Champion Photostat Industrial Corporation, M/s Star Copier, M/s Sagar Enterprises Versus Commissioner of Customs, New Delhi

2015 (11) TMI 1564 - CESTAT NEW DELHI

Quantum of redemption fine and penalty - confiscation of goods - option to redeem goods by paying redemption fine - imposition of penalties - rejection of declared value - revision of the value upwards - import of second hand photo copier machine - H .....

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62 also apart from under Section 111(m) ibid for mis-declaration of value - fine which works out to about 25% of the reassessed value and penalty which works out to about 12% of the reassessed value cannot be called unfair, arbitrary or unreasonable .....

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Shri M.R. Sharma, A.R. - for the Respondent Per R.K. Singh : Appeals are filed against orders-in-original in terms of which the declared values were rejected and revised upwards, impugned goods were ordered to be confiscated (and allowed to be redeem .....

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higher side in the given circumstances. He cited the judgement of CESTAT in the case of Nova Office System [Final Order No. 54165-54168/2014 dated 15.10.2014] in support of his contention. 3. We have considered the contentions of the appellant. In t .....

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