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TMI Blog2018 (6) TMI 1444X X X X Extracts X X X X X X X X Extracts X X X X ..... ed steel sheets/ plate cuttings - Held that:- The description of the goods and weight were not found as per the invoice enclosed and Bill of Entry filed by the Appellant. In such circumstances the goods has been confiscated on ground of misdeclaration - confiscation upheld. Redemption fine - penalty - Held that:- Looking to the fact that it is nowhere appearing from the case records and the adj ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g grade 304 stock lot and chapter heading was shown as 72192390. The importer did not claim duty benefit for prime goods under notification no. 21/2002 - Cus dt. 01.03.2002. The Weight declared by importer was 20.575 MT and value declared was ₹ 16,80,092. The goods were assessed to first check information on the basis of declaration given by the importer. The goods were found to be 24.975 Mt ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ier sent Cold Rolled stainless steel sheets/Plates. The adjudicating authority held that the case was clearly of mis declaration of quantity and description and goods are liable for confiscation. He ordered for confiscation of goods with an option to redeem the same on redemption fine of ₹ 5,52,500/- in terms of Section 125 (1) of the Customs Act, 1962. He also imposed a penalty of ₹ 3 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... assessed at US $ 1820 Per MT. No evidence has been placed on record. There is no violation of Section 111 (m) of the Customs Act. He also submits that the redemption fine is exhorbitant looking to the value of goods and difference of duty which is only 1,43.767/-. 3. Shri Manoj Kumar, ld. AC (AR) appearing for the revenue submits that since the goods were not found as per declaration, the same ..... X X X X Extracts X X X X X X X X Extracts X X X X
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