2015 (10) TMI 2389
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....his appeal is that when there was violation of the law relating to Standards of Weights & Measures (Packaged Commodities) Rules, 1977 for no declaration of the MRP on the package of the goods while the imported goods were liable to declaration of MRP, reduction of redemption fine from Rs. 4,00,000/- imposed by the adjudicating authority to Rs. 50,000/- by the appellate authority has caused prejudi....
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....o one would invest Rs. 20 lakhs to make a profit of Rs. 50,000/- which is not impossible to be earned even trading in domestic market. 5. Goods were without declaration of MRP on the packages.Therefore, considering minimum profit of 10% of the value of goods the redemption fine shall be Rs. 2,00,000/-. Revenue succeeds in its appeal on this count partly. 6. So far as imposition of penalty of Rs.....