2009 (5) TMI 699

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....dvocate, for the Appellant. Shri N.J. Kumaresh, SDR, for the Respondent. [Order per : P. Karthikeyan, Member (T)]. - This is an application filed by M/s. DPB Antibiotics (DPB) for waiver of predeposit and stay of recovery of penalty of Rs. 10,000/- imposed on them under Section 112 of the Customs Act (the Act). After hearing both sides on the stay application, we find that the appeal prop....

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....d confiscated the consignment under import under Section 111(d) of the Act as the importer did not possess a valid licence required for import of goods falling under CSH 2905.5900 and as the importer had not registered with the CIB&RC as required under Insecticides Act, 1968. The impugned order has upheld the order of the original authority. 2. We find that there is no dispute that the goo....

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....Rs. 50,000/- besides imposing penalty. He ordered that the goods may be destroyed or cleared for export with the approval of the Commissioner on payment of fine and penalty. The appellants pray that they be allowed to pay the redemption fine ordered by the original authority and clear the goods for home consumption on payment of applicable duty and penalty. The revenue has not raised any valid obj....