2016 (12) TMI 1372

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....AR For the Respondent ORDER The present appeal challenges the order dated 31.7.2006 passed by the Commissioner of Customs (Appeals), Bangalore. The appellant imported polished marble slabs under 4 bills of entry at the Inland Container Depot (ICD), Bangalore and declared values of about US $ 1050 per cubic metre. However, Customs authorities noticed that for the goods imported, there was a condi....

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....before us. Their contention is that the redemption fine has been imposed exorbitantly without even conducting any market enquiry to ascertain the market price prevalent so as to determine the margin of profit. Accordingly they have prayed that the redemption fine and penalties may be set aside. 2.  Heard Shri K. Krishnamurthy, learned Consultant for the appellant and Shri Pakshirajan, learne....