2017 (8) TMI 766

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... : Madhu Mohan Damodhar Issue in this appeal relates to the import of cargo declared as "Used 19 inches & 17 inches CRT Monitors" - 567 Pkg." of different brands with declared invoice value of USD 6204 (C&F) vide Invoice NO.679 dt. 30.07.2007. Since the goods were used/second hand in nature, the goods were subjected to first check appraisement to verify the declaration with regard to description a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... option of redemption was given on payment of fine of Rs. 91,000/- under Section 125 of the Customs Act, 1962. Penalty of Rs. 49,000/- was also imposed on the appellant under section 112 (a) ibid. On appeal, Commissioner (Appeals) vide impugned order dt. 25.11.2008 rejected the appeal. Hence the appeals are before this forum. 4. On 07.06.2017, when the matter came up for hearing, on behalf of the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s being so, they cannot now allege arbitrariness. We therefore do not find any reason to interfere with the enhancement of the assessable value. 8. Coming to the redemption fine and penalty, we find that it is very reasonable and proportionate to the enhanced value and also to the nature of the offence. This being so, the prayer of the appellants on this score also fails to impress. In the resul .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X