2004 (6) TMI 536

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... S.S. Sekhon, Member (T)]. After hearing this appeal for some time and on considering that the appellant is in appeal against a penalty of Rs. 2.00 lakhs imposed, the matter is taken up for disposal at this stage after waiver of pre deposit. 2. The appellant is a 100% Export Oriented Unit and they imported consignments and filed Bills of Entry. On examination, the goods were found to be fi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... sumption in favour of the appellant. This presumption cannot exempt from the penal consequences as arrived at since the importers, a 100% EOU and the goods would be taken from the docks to the EOU under various controls, procedures and documents and into bond movements. We would however consider that this is a fit case to reduce the penalty. In view of the facts and circumstances, we would therefo .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X