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Mukesh Marble & Mineral Co. Versus Commissioner of Customs (Import) , Nhavasheva

2017 (1) TMI 465 - CESTAT MUMBAI

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 pre .....

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ons of the Tribunal on the same issue, is that the redemption fine is imposed @ 20% of the enhanced value which in this case approx ₹ 4 lakh, which we find will meet the ends of justice. Accordingly, the redemption fine imposed on the appellant .....

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llant. - 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 .....

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e imposed by the adjudicating authority in lieu of confiscation and also the penalties. 4. The appellant herein had imported polished marble blocks and sought clearance by declaring a value. The said Bills of Entry were provisionally assessed by the .....

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e 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 ₹ 1 .....

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5. On consideration of the submissions made by the learned Counsel, we find 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, Pol .....

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