2010 (1) TMI 546

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ellants imported 105 pieces of used photocopiers and cleared them under Bill of Entry No. 701308 dated 5-3-2007. Adjudicating the allegations of import of the consignment without requisite licence, the original authority confiscated the consignment under Section 1 & (1) of the Customs Act, 1962 (the Act) and offered an option to the importer to redeem the goods on payment of fine of Rs. 3,10,000/- .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... in the case of M/s. Nipun Impex & Others v. C.C., Tuticorin. 2. I have heard both sides. 3. I find that the lower authorities have ordered a redemption fine of 31% of value of the goods after ascertaining the same to be the margin of profit the importer would have been earned on sale of photocopiers imported in contravention of EXIM Policy in force. I find that the Hon'ble Delhi High Court in th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X