2005 (9) TMI 555

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.... Chacko, Member (J)]. - The appellants had imported 'silk lining for leather gloves' and filed a Bill of Entry dated 10-6-99 for its clearance, without specific import licence. The Customs authorities found that the above goods, which were held to be correctly classifiable under ITC-HS Heading No. 5007200.90, required specific licence for import. On this basis, the goods, imported without such l....

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....evelopment and Regulation) Act, 1992. He, however, allowed redemption of the goods against payment of fine of Rs. 3.00 lakhs. He also imposed a penalty of Rs. 10,000/- on the party under Section 112 of the Customs Act. 2. After hearing both sides and considering their submissions, we find that the only grievance pressed before us by the appellant is with regard to the quantum of redemption f....