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2017 (1) TMI 465 - CESTAT MUMBAI

2017 (1) TMI 465 - CESTAT MUMBAI - TMI - Confiscation of imported goods - Imposition of redemption fine and penalty - Valuation of goods - Held that: - there is no merit in the appeal as adjudicating authority has correctly held that the the assessable value is less than the value limit prescribed under the Policy, Policy provisions have been violated in this case. To that extent, we uphold the impugned order. - the adjudicating authority has imposed redemption fine of ₹ 11 lakhs. The .....

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sed off - decided partly in favor of appellant. - C/827/06 - A/94543/16/CB - Dated:- 3-11-2016 - Mr. M.V. Ravindran, Member (Judicial) And Mr. Raju, Member (Technical) Shri Anil Balani, Advocate, for appellant Shri C. Singh, Asst. Commr (AR), for respondent Per: Raju This appeal is directed against Order-in-Original No. 36/2006 dated 18.03.2006 passed by the Commissioner of Customs (Import), Nhava Sheva. 2. Heard both sides and perused the records. 3. The issue that falls for consideration in th .....

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stoms duty liability on the enhanced value and contested the matter before the adjudicating authority. The adjudicating authority upheld the enhancement of the value and also held that there was mis-declaration, but since the goods were released provisionally, he imposed a fine of ₹ 11 lakhs in lieu of confiscation and imposed a penalty of ₹ 50,000/- under Section 112(a) of the Customs Act, 1962. The adjudicating authority held that the goods are liable for confiscation under Section .....

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