TMI Blog2007 (4) TMI 566X X X X Extracts X X X X X X X X Extracts X X X X ..... t in respect of gold also. There is no bar against such option by reason of the goods being an item notified under Section 123 of the Act or for any other reasons - appeal allowed by way of remand. X X X X Extracts X X X X X X X X Extracts X X X X ..... ction 111 of the Customs Act. The other goods seized from the appellant were also confiscated, but with option for redemption. A penalty of Rs. 50,000/- was imposed on the appellant under Section 112 (a) of the Act. The present appeal is against the Commissioner's order. 2. The appellant has, in a letter dated 4-4-2007, waived his right to be personally heard. In the said letter, he has pray ..... X X X X Extracts X X X X X X X X Extracts X X X X
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