JUSTICE DILIP GUPTA: Customs Appeal No. 50491 of 2021 has been filed by S.M.

Trading to assail that portion of the order dated October 28, 2020 passed by the Principal Commissioner of Customs that orders confiscation of the imported goods with an option to redeem the same on payment of fine. The declared value of the goods has been rejected under rule 12 of the Customs Valuation (Determination of Value of Imported Goods) Rules, 2007, the 2007 Valuation Rules read with section 14 of the Customs Act, 1962 and re-determined under rule 3. Penalties under sections 112(a), 114A and 114AA of the , the Customs Act have also been imposed upon S.M. Trading.

2. Customs Appeal No. 50321 of 2021 has been filed by V.M. Trading to assail that portion of the order dated October 28, 2020 passed by the Principal Commissioner of Customs that orders confiscation of the imported goods with an option to redeem the same on payment of fine. The declared value of the goods has been rejected under rule 12 of the 2007 Valuation Rules read with section 14 of the Customs Act and re- determined under rule 3. Penalty under section 112(a) of the Customs Act has also been imposed upon V.M. Trading.

3. Customs App