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1999 (7) TMI 185
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.... for the Respondent. [Order per : V.K. Agrawal, Member (T)]. - The issue in this appeal filed by Shri Paramjit Singh Sokhi is valuation of Mercedes Benz car and its import without the car being registered in his name for a period of one year or more before importing into India. 2. Shri Chibber, learned Advocate submitted that the appellants had imported the car only for 4000 dollars ....
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....t of penalty as he has imported the car which was not registered in his name for a period of one or more year as required under the rules. 4. We have considered the submissions of both sides. The appellant has not submitted any material before us to reduce the valuation determined by the Department. As the Department has no objection in sending the car back to U.S.A., we allow the appellan....