2000 (3) TMI 250

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....spondents. [Order per Justice K. Sreedharan, President]. -  The appellants imported a consignment of parts and components of calculators from Hong Kong. Bill of Entry was filed on 16.12.1996 declaring the value of the consignment as Rs 2,36,189.87 as shown in the invoice. A sum of Rs 1,78,451/- was deposited on 18-12-1996 as duty payable on the said value shown in the Bill of Entry and ....

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...., this Tribunal upheld the order of the authorities in enhancing the value of Display LCD, Rubber Connector, Key Pad and Chip on Board. On Button Cell, Metal Connector and Sticker, the Tribunal disapproved the action of the Department in enhancing their value. In this view, the matter was remitted back for re-quantification of redemption fine and penalty. Pursuant to the order of remand, the adjud....

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....en released. Under these circumstances, we do not find any justification for directing the appellants to make any pre-deposit as required by Section 129E of the Customs Act. In this view, we heard the learned counsel representing the appellants on merits. 3. We have heard the learned counsel representing the appellants and the learned Departmental Representative. We perused the records. 4. I....

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....y in compliance with the said direction, a notional reduction has been given while re-fixing the redemption fine and penalty. We feel that the redemption fine and penalty require further reduction. This conclusion we arrive at on account of the fact that the importer had, in fact, deposited Rs. 1,78,451/-, as per TR-6 Challan No. 76078701, dated 18-12-1996. The said amount is with the Department t....