2009 (3) TMI 199

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Case of the Department : Intelligence was collected that one Shri Sangit Aggarwal and his relatives/associates were indulging in fraudulent import of PVC Cloth under Tariff Heading 5903 by way of misdeclaration of its value and description. The intelligence suggested that Shri Sangit Aggarwal used to visit China regularly. He used to place orders for import of PVC Cloth with M/s. Yantai, China. ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....d under Section 110 of the Customs Act, 1962 on the reasonable belief that the said currency was liable for confiscation as it represented the sale proceeds of smuggled goods. (b) Case of the Importer : Shri Sangit Aggarwal thereafter moved the High Court by filing Writ Petition (C) No. 5677/07 inter alia seeking a direction to the Department to release Rs. 23.90 lakhs seized from his premises o....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....eeds of the misdeclared goods, which, if proved, were liable to be confiscated under Section 111 or Section 113. Therefore, leave stands granted. 5. At this stage, it is suffice to state that the case involves seizure of Rs. 23.90 lakhs, the main ground of the Department was that there was some hawala transaction going on and that the said amount appeared to have been acquired in such a transacti....