2013 (9) TMI 507

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....vealed from the adjudication order is that the appellant imported marble slabs declaring the value as 12 18 USD per sq. mt. The adjudicating authority enhanced the value to Rs.9,68,613/- and confiscated the goods for violation of DGFT Notification No. 18/(RE-2008)/2004-09 dated 30.6.2008 and allowed redemption on payment of fine of Rs. One lakh and imposed a penalty of Rs. One lakh. Commissioner (....

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..... He also submits that the declared value is the market value otherwise the customs authorities could have enhanced the value. 3. The learned AR reiterates the findings of the Commissioner (Appeals). He submits that Commissioner (Appeals) set aside the enhanced value in view of the DGFT Notification wherein it has stated that free import is permitted provided the value is USD 50 and above per squ....