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M/s. Ruchi International, M/s. Sri Vinayaka Enterprises Versus Commissioner of Customs, Tuticorin

2017 (7) TMI 550 - CESTAT CHENNAI

Redemption fine - penalty - old and used digital multifunction printing and copying machines with standard accessories - restricted item or not? - Held that: - The goods during the time were not restricted as per provisions of para 2.17 of the Foreig .....

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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 - redemption fine of ₹ 1,00,000/- and personal penalty of ₹ 75,000/- would meet the .....

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Shri A.K. Jayaraj, Advocate for the 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 .....

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ng restricted items in terms of Para 2.17 of the Foreign Trade Policy. In Appeal No.C/8/2008, the declared value of ₹ 12,79,185/- was enhanced to ₹ 23,16,281/- and redemption fine of ₹ 6,95,000/- was imposed with equal penalty under .....

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he learned counsel Shri A.K. Jayaraj appearing for the appellants submitted that the appellants are not contesting the enhancement of value and the contest is confined only to the imposition of redemption fine and penalties imposed. He submitted that .....

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machines were not restricted and no license was required for their import. That therefore, the redemption fine and penalties imposed on this count is unjustified. 4. Against this, the learned AR Shri K. Veerabhadra Reddy reiterated the findings in th .....

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We have considered the submissions made by both sides. Since the appellants have given up their contest on the enhancement of the value of the goods, we confine our discussion only with regard to the redemption fine and penalties imposed. The goods d .....

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