2010 (6) TMI 408

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.... imported fabric valued Rs. 2,03,501/- lakhs detained at the second floor canteen premises of the corporate office and 446 pcs garments valued at Rs. 37,910/- detained at the sampling unit which were intended to be removed for local sales under Section 11 (o) of the Customs Act, 1962 as the importer has not observed the conditions under which the goods were exempted. However, I allow them to redeem the seized/detained goods on payment of a fine of Rs. 1,00,000/- (Rupees One Lakh only) in lieu of confiscation. The option should be exercised within one month of the date of receipt of this order or within such further period as may be allowed by the Deputy Commissioner/Assistant Commissioner of Customs, (Bonds), Customs House, Chennai. (b)&....

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..... (d)I order enforcement of the bond executed by them, in terms of Notification No. 53/97-Cus., dated 3-6-1997 as amended, at the time of importation of the raw materials and capital goods towards duty demand and adjudication levies, if any, and (e) I impose a penalty of Rs. 1,00,000/- (Rupees One Lakh only) on M/s. (Camiceria in view of the detailed acts stated above, under Section 112(a) of the (Customs Act, 1962. I also impose a penalty of Rs. 25,000/- (Rupees Twenty Five Thousand only) on Shri Ravee Malhotra, M.D., M/s. Camiceria under Section 112(a) of the Customs Act, 1962. 2. We have heard both sides. As regards clause (a) of the order, we find that the confiscation is for the reason that the goods were found out....