2011 (1) TMI 113

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....ay of recovery. After examining the records and hearing both sides, we have found this case to be fit for summary disposal. Accordingly, after dispensing with pre-deposit, we take up the appeal.   2. This appeal is directed against the ld. Commissioner s order confiscating the goods in question under Sec.111(d) of the Customs Act (with option for redeeming the same on payment of a fine of Rs....

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....m Code 7208 to be read as Restricted instead of Free . The appellant argued that the item imported by them was H.R.Steel sheets and not coil and hence would not be hit by the amendment. This argument was rejected by the Revenue on the strength of policy circular dated 29.4.09 ibid wherein it was clarified that the above Notification purported to amend the import policy for all categories of H.R.St....

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....cy circular issued by the DGFT was set aside by the Hon ble High Court. In this scenario, the present issue requires to be settled having regard to the provisions of the import policy for the item H.R. Steel Sheets classifiable under Exim Code 7208. According to the import policy, such sheets were freely importable during the period of dispute and hence prima facie, not liable to be confiscated. H....