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TMI Blog2013 (10) TMI 1257X X X X Extracts X X X X X X X X Extracts X X X X ..... atic value and classifiable under Chapter 97.05 - Waiver of Pre-deposit - Held that:- The main contention of the applicant is that they imported large quantity specially ordered and freshly minted in Germany for commemorating events or distribution during celebration - the manufacturer and supplier confirmed that they have manufactured against order and such goods have no numismatic value - the e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , Advocates For the Respondent: Shri K.S.V.V. Prasad, JC (AR) ORDER Per P.K. Das; 1. All the applications are arising out of a common order and, therefore, all are taken up together for disposal. 2. Applicant No.1 filed this application for waiver of predeposit of duty of Rs.1,30,44,357/- and penalty along with interest. Other applicants have also filed applications for waiver of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and medallions and therefore it is classifiable under Chapter Heading 71.08 covered by Notification No.62/04 dt. 12.5.04. M/s. ICICI Bank Ltd. paid duty of Rs.25.87 Crores and filed appeal as mentioned above. Apart from that, the applicant also directly imported which is the subject matter of the present application. 5. Ld. advocate submits that on the entire quantity imported through ICICI Ban ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of records, the main contention of the applicant is that they imported large quantity specially ordered and freshly minted in Germany for commemorating events or distribution during celebration. The manufacturer and supplier confirmed that they have manufactured against order and such goods have no numismatic value. On the other hand, Revenue contended that they declared in Airway Bills it has nu ..... X X X X Extracts X X X X X X X X Extracts X X X X
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