2004 (4) TMI 214

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..... ic enclosures for electronics) with an option to the appellants to redeem the same on redemption fine, as the same were consumer goods, requiring a specific import licence, which the appellants have failed to produce. 2. The challenge to the said order is on the ground that the goods are not consumer items inasmuch as the same are imported in CKD condition and are assembled in India. They are fu .....

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..... Magnetic Inductions which appellants have claimed to have undertaken. In this view of the matter I am of the opinion that the goods have been rightly confiscated. As regards the prayer of the appellants to reduce the quantum of redemption fine, I find that the value of the goods is to the tune of around 12 lakhs (approximately) and the redemption fine is less than 10% of this value. The same does .....

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