2002 (4) TMI 784

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..... ondent. [Order per : Jyoti Balasundaram, Member (J)]. The issue in this appeal relates to adjudication of consignments of marble imported in violation of the Exim Policy. In this appeal 4 bills of entries have been filed in February, 2002 in which goods have been described as raw rough marble blocks wherein the dutiable assessable value is Rs. 29,63,619/-. Since the appellants do not hav .....

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..... 25/WZB/2002, dated 30-1-2002 we reduce the fine to approximately 20% of the CIF value determined and the penalty to 5% of the CIF value determined. We, therefore, reduce the redemption fine to Rs. 6 lakhs (Rupees six lakhs) and penalty to Rs. 1.5 lakhs (Rupees one lakh fifty thousand). 5. The appeal is thus partly allowed as above with consequential relief, if any, due to the appellants. 6. Mi .....

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