9911796707
TMI Blog2005 (4) TMI 425X X X X Extracts X X X X X X X X Extracts X X X X ..... Wadhwa, Member (J)]. As per the facts on record, the appellant imported the consignment of 50 Air conditioners of 1.5 tons capacity at the declared value of US $ 250. As a result of investigation conducted by the revenue officers, statements of the proprietor of the said appellant was recorded on 17-7-97 wherein he admitted having misdeclared the value of the Air conditioners to increase th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s dealers at Dubai and the same were found to be around US $ 450/-. The details of all the said quotations are mentioned in Paragraph 7 of the impugned order. 3.Based upon the above, proceeding were initiated against the appellants by way of issuance of show cause notice which culminated into the impugned order passed by Commissioner vide which he confirmed the differential duty of Rs. 4,34,545/ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ld. Advocate. It is recorded in the Commissioner s order that hearing was fixed number of times and the appellants were issued repeated reminders to file reply to the show cause notice. No reply was filed hearing was not attended and every time the appellants sought adjournment of the same on one pretext or the other. As such, the appellants having themselves not associated with the adjudicating ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on record i.e. various quotations are in the nature of corroborative material to the said admission by the appellant. The appellants have also voluntarily deposited the duty, much before the adjudication of the same. All these factors, when considered cumulatively, lead to an inevitable conclusion that the air conditioner in question were under valued. As such we are of the view that the value ha ..... X X X X Extracts X X X X X X X X Extracts X X X X
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