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Higher redemption fine and penalty imposable for repeated violation of Minimum Import Price
Case Law Details
- Case Name
- C.C.-Mundra Vs Gamesa Renewable Pvt Ltd (CESTAT Ahmedabad)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All CESTAT, CESTAT Ahmedabad
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C.C.-Mundra Vs Gamesa Renewable Pvt Ltd (CESTAT Ahmedabad)
CESTAT Ahmedabad held that higher redemption fine and penalty imposable as appellant is a repeated offender and is violating the Minimum Import Price (MIP) condition prescribed by DGFT frequently.
Facts- Siemens Gamesha Renewable Power Pvt. Ltd were engaged in import of “Prime hot rolled steel plates shotblasted/ coated with Zinc Silicate” falling under Tariff Heading No. 72103092.
Notification No. 38/2015 dated 05.02.2016 issued by Directorate General of Foreign Trade (DGFT) prescribed Minimum Import Price (MIP) of Iron and Steel ...
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