1998 (1) TMI 259

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....Agarwal, SDR, for the Respondent. [Order per : S.S. Kang, Member (J)]. - The appellants filed this appeal against the order-in-original passed by the Collector of Customs, Bombay. The appellants are challenging the order only in respect of confiscation of three numbers of Injection Moulding Machines valued at Rs. 20,76,363/- under Section 111(d) of the Customs Act, 1962 and imposition of red....

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.... of Model No. 220-90-350 in excess to the quantity mentioned in the import licence. After adjudication, the Collector of Customs, ordered the confiscation of these machines under Section 111(d) of the Customs Act, 1962 and imposed a redemption fine of Rs. 10 lakh in lieu of confiscation. A penalty of Rs. 1 lakh was also imposed under Section 112 of the Customs Act, 1962. 3. The learned Cou....

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....was urged by the appellants at the time of arguments. 4. Heard Shri A.K. Agarwal, SDR, on behalf of the Revenue/respondents. 5. In this case the licence was granted to the appellants for import of 5 Injection Moulding Machines of the following models : Model No. 220-90-350 (1 in number); Model No. 320-210-750 (1 in number); and Model No. 170-90-200 (3 in number). In fac....