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<h1>Tribunal reduces redemption fine & penalty, allows appeal for goods assessment and declared value.</h1> The appellate tribunal allowed the appellant's claim for assessment of goods and declared value. The tribunal reduced the redemption fine and penalty ... Valuation (Customs) - Import - EXIM Policy The appellate tribunal allowed the appellant's claim for assessment of goods and declared value. The tribunal reduced the redemption fine and penalty imposed on the appellant. Appeals were allowed in part.