TMI Blog2018 (7) TMI 188X X X X Extracts X X X X X X X X Extracts X X X X ..... ntum of duty that would have been payable in case the goods are described as re-rollable scrap is only ₹ 63,000/- - further, the appellant is a first importer. The redemption fine can be reduced from ₹ 3,00,000/- to ₹ 1,00,000/- - quantum of penalty upheld - appeal allowed in part. - C/115/2012 - Final Order No. 41115/2018 - Dated:- 13-4-2018 - Ms. Sulekha Beevi C.S., Memb ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Foreign Trade (Development and Regulation) Act, 1992. Show cause notice was issued proposing for confiscation and for imposing penalties. After due process of law, the original authority ordered confiscation of the goods and allowed redemption on payment of fine of ₹ 3 lakhs and imposed penalty of ₹ 2 lakhs under section 112(a) of the Customs Act, 1962. In appeal, Commissioner (Appeals ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d PSI certificate. 4. Heard both sides. 5. We have heard the submissions made by both sides and perused the appeal records. The appellant is contesting only the redemption fine and penalty imposed. It is seen from the records that the appellant had misdeclared the goods as heavy melting scrap. However, the quantum of duty that would have been payable in case the goods are described as re-rol ..... X X X X Extracts X X X X X X X X Extracts X X X X
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