Higher redemption fine and penalty imposable for repeated violation of Minimum Import Price

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.

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