Customs Penalty quashed Due to Lack of Proof of Mis-Declaration in Scrap Import

Hansco Iron and Steel Pvt. Ltd Vs Commissioner of Customs (CESTAT Chandigarh) The appeal concerns the challenge raised by the appellants against an order dated 14.06.2018, limited to the imposition of redemption fine and penalty. The appellants had imported 135.840 MT of Heavy Melting Scrap under a Bill of Entry dated 14.10.2015 and opted for first check examination. When asked by the Department, they agreed to increase the declared value from USD 264 PMT to USD 275 PMT, and duty was paid accordingly. Based on examination conducted with the assistance of a Chartered Engineer, the Revenue conc...