2011 (9) TMI 198

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... imposed - The value of the goods covered by both the Bills of Entry being approximately Rs. 60 lakhs, find that there is no ground to interfere with the quantum of fine and penalty as the fine is only 10% of the value of the goods and the penalty is only 3 to 4% of such value - Therefore, uphold the impugned order and reject the appeal. - C/410/2004 - - - Dated:- 6-9-2011 - Ms. Jyoti Balasu .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the quantum of fine and penalty as it is the assessees contention that they were not aware until the goods were examined by NML that what was imported was iron pellets and not non-alloy steel melting scrap as ordered by them. However, since the confiscation is required to be upheld there can be no ground that fine and penalty cannot be imposed. The value of the goods covered by both the Bills of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X