1992 (1) TMI 236 - AT - Customs

Summary

The Appellate Tribunal CEGAT, New Delhi heard a case involving the import of used motors and PVC bags of V belts. The goods were undervalued, leading to confiscation for violating import regulations. The charge of undervaluation was set aside due to lack of evidence. However, the charge of ITC violation was upheld, resulting in reduced fines of Rs. 8,000/- for redemption and Rs. 2,000/- for personal penalty. The appeal was disposed of accordingly.