2017 (7) TMI 550

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... he Appellants Shri K. Veerabhadra Reddy, JC (AR) for the Respondent ORDER Per Bench The issues involved in both the appeals being similar were heard together and are disposed of by this common order. 2. The appellants had imported old and used digital multifunction printing and copying machines with standard accessories. After inspection, the value declared was enhanced and the department als .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... hat the goods have been confiscated on the pretext that these are restricted goods in terms of Foreign Trade Policy. That though these are second-hand goods, during the relevant period of import (2007), the import of multi-function printing and copying machines were not restricted and no license was required for their import. That therefore, the redemption fine and penalties imposed on this count .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... egard to multifunctional digital copiers came into existence in the year 2012 only. However, since the value has been enhanced and the appellants are not contesting the enhancement of value, we are of the considered view that the redemption fine and penalties cannot be set aside in toto. In the circumstances, we consider that redemption fine of Rs. 1,00,000/- (Rupees one lakh only) and personal pe .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X