Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2003 (5) TMI 451

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... pondent. [Order per : Justice K.K. Usha, President]. These are applications filed by the appellants in Appeal Nos. C/79-81/2003-NB(A) seeking dispensation with the pre-deposit. 2. The appellant M/s. Genuine Spares India had imported a consignment of floor sweepings of plastics and acrylic sheet off cuts vide invoice No. 2327, dated 28-6-96. The total CIF value declared in the invoice .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e made by the officers of Directorate of Revenue Intelligence, Jaipur (DRI) with Belgium Customs through the High Commission of India, Great Britain for ascertaining the actual value of the goods. It was reported by the Belgium Customs that the consignments imported vide Bills of Entry Nos. 82 and 83 both dated 31-8-96 were purchased by M/s. Sineximco Pvt. Ltd., Singapore from M/s. Gemini Corporat .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 2 and Rs. 15,55,311/- in respect of Bill of Entry No. 83. Total differential duty demanded was to the extent of Rs. 5,60,655/-. The adjudicating authority affirmed the demand and passed order confiscating the goods. Redemption fine of Rs. 1,40,000/- was imposed. A penalty of Rs. 5,60,655/- was imposed on M/s. Genuine Spare (India) Ltd. and penalty of Rs. 2,00,000/- each on the partners Sanjay Gupt .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates