Penalties Imposed for Improper Import of Prohibited Goods Upheld, Based on Local Market Value per Section 112A(i) of Customs Act.

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Full Text of the Document

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....Levy of penalty - Improper importation - prohibited imports - The Adjudicating Authority has rightly taken the market value of such goods as prevailing in the local market for imposition of penalty, the amount of the penalty imposed on both the appellants is in accordance with the provisions of Section 112A (i) of Customs Act, 1962 and, therefore, no reason to interfere with the amount of penalty imposed on both the appellants.....