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

2007 (7) TMI 466

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... . [Order]. This appeal is directed against the order-in-appeal No. 532/2006/MCH/JC/GR.2.BI/06, dated 6-11-2006. 2. Considered submissions made by both sides and perused the records. 3. The issue involved in this case is regarding the import of used tyres by the respondent without following the procedures as prescribed by the Notification No. 2(RE-2006) 2004-2009, dated 07-04-2006 by .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... -2006/2004-2009, dated 7-4-2006. But it appears to have been imposed arbitrarily inasmuch as the redemption fine and personal penalty have been imposed without market verification and without determining MOP. Also the demurrage and detention charges have not been taken into account. They also produced several bills, showing that margin of profit is nominal. In view of the above, redemption fine is .....

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