2011 (1) TMI 1312

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....t of such fire arms and ammunition normally requires licence but the impugned imports have been made under EXIM policy relaxation from licensing control. The imports have been made availing exemption from customs duty provided under Notification No. 146/94-Cus., dated 13-7-1994 as amended from time to time. 2.2 A show cause notice was issued alleging that arms and ammunition imported by them have been sold to State Rifle Associations in contravention of licensing restrictions and condition of the exemption notification. The Commissioner by the impugned order demanded duty of Rs. 4,24,12,787/- along with interest and imposed equal amount as penalty. In addition, he imposed redemption fine holding that the fire arms and ammunition are....

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....within the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India, from the whole of the duty of customs leviable thereon which is specified in the said First Schedule and from the whole of the additional duty leviable thereon under Section 3 of the second mentioned Act subject to the conditions specified in column (3) against each serial number in column (1) of the said Table. TABLE S. No. Description of goods Conditions (1) (2) (3) 1 The following goods :- (a) Sports goods, sports equipments and sports requisites; (b) Spares, accessories and consumables relating to goods covered by (a) above. (a) The said goods are imported into India by National Sports Federation, under a....