2017 (11) TMI 949

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..... Respondent. ORDER [Order per : D.N. Panda, Member (J)]. - None present for the appellant. 2. The conversion cost incurred in the country of export i.e., Thailand in respect of the vehicle came from a different country of origin, not being added to the declared value of the import thereof, that resulted in enhancement of duty liability on the basis of value thereof arrived at Rs. 21,96,598/ .....

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..... eason stated therein. 5. There is an imposition of redemption fine of Rs. 2 lakhs and penalty of Rs. 50,000/- while the assessable value was Rs. 21,96,598/-. We are surprised why such a meagre penalty has been imposed and also redemption fine was imposed very leniently. It is left to learned Chief Commissioner of Customs to issue appropriate guidelines to field in respect of quantum of redem .....

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