TaxTMI 
TaxTMI 
2014 (1) TMI 1017
X X X X Extracts X X X X
X X X X Extracts X X X X
....r. (AR), for the Respondent. ORDER Heard both sides. 2. The appellants filed this appeal against the impugned order dated 9-10-2012 whereby the ld. Commissioner (Appeals) has upheld the lower adjudicating authority's order. 3. Briefly stated facts of the case are that the appellants filed Bill of Entry for clearance of 'Non Alloy Steel Round Bars' of various grades & sizes (Stock Lot....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... the goods on payment of fine of Rs. 8 lakhs and also imposed penalty of Rs. 3,50,000/-. Aggrieved by the same, the appellants filed appeal before the ld. Commissioner (Appeals) who in turn upheld the lower adjudicating authority's order in toto. Hence the appeal. 4. The contention of the appellants is that they have declared the goods in the Bills of Entry as Non-alloy steel round bars of v....
X X X X Extracts X X X X
X X X X Extracts X X X X
....s secondary/defective as per the Chartered Engineer's report. The appellants have misdeclared the goods, therefore, the confiscation of the goods is in order. 6. We have carefully considered the submissions made and perused the records. Undisputedly, Bill of Entry has been filed as per the packing list and the goods on examination have been found to be prime quality except 10% of the goods. ....