TaxTMI 
TaxTMI 
TaxTMI 
2000 (5) TMI 508
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....al against Order-in-Appeal No. 93 & 94/98 dated 21-2-1998 passed by Commissioner (Appeals), the short point submitted before me is that the quantum of Redemption Fine upheld by the order impugned for the import of Poppy Seeds from Pakistan is very high. 2. Heard Shri A.K. Jayaraj, ld. Advocate for appellants who submits that the period of import is around November '96 and similar item import....
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....ed above wherein the RF was reduced from 100% to 85%. In this case, he submits, the RF upheld is even higher than 100% being in the approx. 135% and prays for same ratio to be adopted. 3. Heard Shri M. Kunhi Kannan, ld. DR who reiterates the findings of ld. Commissioner (Appeals) in para 4 of the order impugned wherein he has relied on certain earlier imports considered by the Tribunal in it....
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.... allowed in the above terms with consequential relief. Appeal No. C/13/99 5. Vide the same order impugned, the RF on similarly imported poppy seeds from Pakistan has been held at 135% of the CIF value. 6.  Ld. Advocate Shri A.K. Jayaraj reiterates the submissions made in the appeal above in this case also. 7.  Ld. DR submits that in this case excess goods had been found undeclar....
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.... normally calculated with reference to the margin of profit likely to be enjoyed by the importers in this consignment which in turn is calculated on the basis of ascertained/estimated market price of the goods after they are landed. Therefore, whether goods have been confiscated only for Import Trade Control or whether they have been confiscated for the misdeclaration in quantity, after they are c....