2017 (2) TMI 355

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....ellant. Shri A. Cletus, ADC (AR), for the Respondent. ORDER [Order per : D.N. Panda, Member (J)]. - Appellant's grievance is that the classification made by Revenue is improper and disturbing the valuation is also improper. Therefore, neither any differential duty is payable nor redemption or penalty is payable since confiscation is unwarranted. 2. Revenue on the other hand suppor....

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....the change in the classification, the valuation is bound to be disturbed. That has been correctly done by the authority below in his order beginning from Paras 24 and 25. 3. He determined the value of the goods at Rs. 27,09,723/- and considering 10% value thereof as normal profit, he imposed a redemption fine of Rs. 2,70,000/- under Section 125 of the Customs Act, 1962. That also does not ....