2024 (5) TMI 573

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....AR) for the appellant Shri S N Kantawala, Advocate for the respondent ORDER All that remains in this dispute, that can be traced to import of 503.41 metric tons and 523.05 metric tons of 'non-alloy steel slabs-seconds and defectives' by M/s Prabhat Steel Traders P Ltd against bills of entry no. 890392/15.04.2009 and no. 890395/15.04.2009 respectively, is the cavil of Committee of Commissione....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....of 'alloy steel' products under section 111(m) of Customs Act, 1962, and of penalty of Rs. 5,00,000 under section 112 of Customs Act, 1962. 2. In the meanwhile, the goods had gone through testing, provisional assessment and adjudication that was challenged, with partial success, before the first appellate whose order, now impugned before us, is under challenge from both sides. The initial problem....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....held to be 489.67 metric tons of 'plates and sheets' of 'non-alloy' steel, classifiable against heading 7208 of First Schedule to Customs Tariff Act, 1975, and 489.6745 metric tons of 'plates and sheets' of 'non-alloy' steel classifiable against heading 7225 of First Schedule to Customs Tariff Act, 1975. In consequence, the original authority held that the declared value for 979.349 metric tons wa....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....fferential duty for goods having been, as set out in impugned order, mis-declared, at least, as far as presence of 'alloy' is concerned but that, notwithstanding the vigorous defence by Learned Authorised Representative, the claim for Rs. 22,52,521 was below the threshold prescribed for pursuit of litigation by the Central Government in instruction dated 2nd November 2023 of Central Board of Indir....