TMI Blog2000 (9) TMI 89X X X X Extracts X X X X X X X X Extracts X X X X ..... revisional order dated 13th June, 2000, passed by Joint Secretary to Government of India while disposing of an application filed under Section 129 DD of the Customs Act, 1962 (in short the Act). 4.Factual position is as follows. Petition had brought assorted goods from Hongkong which were valued at Rs. 4,24,200/- as against the declared-value of around Rs. 1 lakh. Customs Authorities were of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... piece, as mobile batteries were being sold at a higher price in the market. Revisional authority concluded that there is huge difference between the value taken for mobile batteries at Mumbai and New Delhi airports and reduced redemption fine and personal penalty to Rs. 70,000/- and Rs. 45,000/- respectively. Though there was originally a prayer for permission to re-export, same was not accepted ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n on facts about mis-declaration of value of the articles which was subject matter of dispute. We do not find any reason to interfere with the conclusions arrived at by the authorities. Prayer for re-export has been rightly rejected by the authorities. However, we find substance in the plea of learned Counsel for the petitioner and there is some scope for reducing redemption fine and penalty. We f ..... X X X X Extracts X X X X X X X X Extracts X X X X
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