COMMNR. OF CUSTOMS (IMPORT) vs. STONEMAN MARBLE INDUSTRIES
C.A. No.-004371-004383 - 2004Supreme Court21 Jan 2011
Section 111Section 112Section 125Section 130A
price of the imported goods was mis-declared in the bills of entry.
4.
The goods imported by the respondents were confiscated under
Section 111(d) of the Act. However, the importers were given an option to
redeem the confiscated goods on payment of redemption fine, which was
3
fixed, adopting the margin of profit as the basis, under Section
