1998 (3) TMI 208

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....Bhat, President]. -  On the occasion of appellant's marriage in 1987, her cousin living in Hong Kong purchased "Xerox Copier/Paper Master/P/M Camera for offset printing and sent it to appellant, as marriage present. On behalf of the appellant invoice showing price of Hong Kong $ 6,500 and connected documents were produced along with the cash memo relating to the purchase by donor's purchaser....

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....read with Section 3(2) of the Import and Export (Control) Act, 1947. He directed duty to be paid on CIF value of Rs. 75,000/-, fixed redemption fine at Rs. 70,000/-. In appeal, Collector (Appeals) reduced the value to Rs. 60,000/- and redemption fine to Rs. 40,000/-. Being aggrieved by these orders, the importer has filed the present appeal. We have heard both sides. 2.  The cash memo and th....