2006 (9) TMI 193

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.... Customs, Gujarat Zone, Ahmedabad in Order No. 01/CO/2006. 2. The Petitioner had applied for compounding of an offence committed by him under Section 135(1)(a) of the Customs Act, 1962. After considering the application filed by the Petitioner, the W.P.(C) 14639/2006 Page 1 of 4 Compounding Authority allowed the application and imposed a compounding amount of Rs. 10 lakhs. 3. According to th....

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....ue of the goods" as well as "Rupees ten lakhs". In other words, according to him the compounding authority has a discretion to fix the compounding amount upto 20% of the market value or upto Rs.10 lakhs, whichever is higher. 6. On a plain reading of the rule, we are not in agreement with learned counsel for the Petitioner. If the word 'upto' is read so as to qualify both the alternatives mentio....