2002 (10) TMI 722 - AT - Customs

Summary

The appellant appealed against an adjudication order by the Commissioner of Customs, New Delhi regarding the import of 'Dialysis machines' found to be over ten years old and undervalued. The machines were confiscated with a redemption fine of Rs. 5 lakhs and a penalty of Rs. 1 lakh imposed. The appellant contested the enhanced value of goods and shipping expenses. The Tribunal upheld the confiscation but reduced the redemption fine to Rs. 3 lakhs and the penalty to Rs. 50,000.