9911796707
TMI Blog2002 (8) TMI 608X X X X Extracts X X X X X X X X Extracts X X X X ..... ar, Member (T)]. The appellant filed an into bill of entry in respect of a consignment of cold roll steel sheets imported by it. The department noted that the value declared of these goods of US $ 345 per ton C F after adding the insurance premium of Rs. 4,465/- paid for the goods, the C F value of the consignment was lower than $ 392. In terms of a public notice issued by the Directorat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... import goods except prohibited items, arms and ammunition and hazardous waste and chemicals and warehouse them in such private bonded warehouses. Such goods may be cleared for home consumption in accordance with the provisions of this Policy and against Licence, wherever required. Customs duty as applicable shall be paid at the time of clearance of such goods. If such goods are not cleared for hom ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... subsequently. The applicant had produced an advance import licence subsequent to and permitted to be cleared without payment of duty. He says the goods did not constitute prohibited goods and there was no warrant for fine or penalty. 4. The provisions of these paragraphs of the Policy support the appellant s case. Paragraph 4.15 is clear that except for the goods specified therein, other goods ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the customs house, and noting that by according duty free clearance in the present case, the department has itself accepted that the licence issued subsequent to the arrival of the goods in India (3rd August, 1999 and licence issued on 30th August, 1999) is valid for their clearance, we do not think there was a case for confiscation of the goods and imposition of penalty on the appellant. 5. Th ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
