2003 (7) TMI 409

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...., for the Appellant. None, for the Respondent. [Order]. - M/s. Collection Veenam, C-38, MDA, Muradabad, UP (hereinafter referred to as applicant) is a manufacturer and exporter of brass handicrafts. The applicant has obtained an advance licence No. P/L/0168604 dated 11-9-1998 under DEEC Scheme for importing: 796 MT of brass scrap for CIF value of Rs. 2.81 crores. Total duty foregone on th....

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....alty under Section 112(a) of the Customs Act, 1962 as the goods are deemed to have incurred the liability to confiscation under Section 111(d) and (o) of the Customs Act, 1962. 3. The applicant filed an application for settlement of the issues raised vide the subject SCN with a prayer that the obligation under the licence may be accepted to have been discharged as the applicant had fulfill....

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....yable has been indicated as "Amount involved is more than Rs. 2.00 lakhs". It appears that the application is not in a proper format. Attention of the Advocate was drawn to the Annexures of the application where in column Nos. 1 and 2, there is an entry which is shown as N.A. which stands for "Not Applicable" as clarified by the Advocate. It is also submitted in column 3 entry of Annexure which re....