TaxTMI 
TaxTMI 
2017 (5) TMI 1001
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....nst an order of Commissioner of Customs (EP), Mumbai. The respondents were issued a show-cause notice for violation and misuse of DEEC scheme. The impugned order confirmed the demand of duty and also imposed equivalent penalty. However, the Commissioner did not confiscate the goods as the same were not available. The Commissioner, however, held that the goods were liable to confiscation under Sect....
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....T 278 (SC). 3. None appeared for the respondents despite notice. 4. I have gone through the submissions made by the learned AR and the records. I find that the Notification No. 30/97 prescribes as follows: - (ii) that the importer at the time of clearance of the imported materials executes a bond with such surety or security and in such form and for such sum as may be specified by the As....
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.... the case of Weston Components (supra) has observed as follows: - "It is contended by the learned Counsel for the appellant that redemption fine could not be imposed because the goods were no longer in the custody of the respondent-authority. It is an admitted fact that the goods were released to the appellant on an application made by it and on the appellant executing a bond. Under these circum....