2002 (12) TMI 133

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....a) of the General Rules for the Interpretations of the Import Schedule; determination of the value of the Sony Digital Video cameras at the unit rate of US $ 261.52 per set (FOB), US $ 273.92 per set (FOB), 313.19 US $ per set (FOB) for CCD TRV 107E, CCD TRV 408E and DCR TRV 140E respectively under Rule 5 of the Customs Valuation Rules, 1988; determination of value of the Sony digital video cameras at the unit of US $ 261.52 (FOB), US $ 360.00 (FOB), US $ 399.63 (FOB), US $ 395.89 (FOB) and US $ 614.79 (FOB) for the model CCD TRV 208E, DCR TRV 238E, DCR TRV 240E, DCR TRV 340E and DCR TRV 730E respectively under Rule 8 of CVR'88 and; confiscated the goods covered under the Bills of Entry No. 71272, dated 21-6-2002 and 426538, dated 26-6-2002....

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....(146) E.L.T. 223 (T-Mumbai) wherein also it has been held that components of video display unit of computers, imported before Rule 2(a) of General Interpretative Rule of Tariff became part of import policy and even if all or major components of the unit imported, it cannot be said complete unit was imported, requiring licence. The West Zonal Bench, Mumbai also set aside the confiscation of the components and the appeal of M/s. Gebbs India Ltd. was allowed. He, therefore, submitted that the value of complete sets i.e. video cameras and Handicam video camera of Sony brand cannot be taken for the parts. Ld. Advocate also stated that since there is no mis-declaration, no penalty can be imposed on them neither under Section 114A nor under 112A o....