2002 (4) TMI 610

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..... appellants imported SF 600 Plus CT Spectrophotometer with Data Color Stools QC Software. They filed a Bill of Entry dated 3-7-2001 with the Air Cargo Customs, New Customs House, New Delhi for the clearance of the same. They declared the value of the goods as Rs. 11,85,854/-. The Customs Authorities have however initiated the proceedings against them. The importers waived the show cause notice. Th .....

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..... not appear to be covered by the exemption under para 4.6 of the Handbook. He accordingly concluded that the goods are imported in contravention of the Export Import Policy 1997-2002 and are liable for confiscation under Section 111(d) of the Customs Act, 1962. Consequently, the Commissioner has ordered for confiscation of the goods under these provisions. He has, however, allowed their redemption .....

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..... ranted RBI permission. Accordingly, it is contended that they fall under the exempted categories of persons as provided in para 4.6 of the Handbook of Procedures and the findings of the Commissioner in this regard are not tenable. The ld. Counsel further relies on the decision of the Tribunal in the case of Laser Sight (India) (P) Limited v. CCE - 1999 (110) E.L.T. 935 (T) in which relying on the .....

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