2013 (10) TMI 854

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..... th Surana Exim P. Ltd. was brought out by Revenue - Overseas inquiry revealed undervaluation of import - Chartered Engineer’s report also went against appellant proving under valuation - Shri Manoj Jain admitted undervaluation – Pre-deposits were ordered to be made in installments - Failure to deposit any of the installments shall render this order vacated and the department shall be at liberty to .....

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..... d Counsel of M/s. Chetali Printing Press. 3. Heard both sides and also perused the adjudication order made against Chetali Printing Press. None of the parties are able to say before us whether the duty element and redemption fine was discharged by M/s. Chetali Printing Press. 4. We have perused the role of the appellant M/s. Chetali Printing Press represented by Proprietor Shri Rajender Jain. .....

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..... quiry revealed undervaluation of import. Chartered Engineer s report also went against appellant proving under valuation. Shri Manoj Jain admitted undervaluation. 5. Keeping the aforesaid factual aspect the appellant M/s. Chetali Printing Press is directed to deposit Rs. 2 lakhs (Rupees two lakhs only) in two equal installments of Rs. 1 lakh each. First installment shall be payable by 30th May, .....

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