Customs valuation of used printing machinery requires reliable,...

Customs valuation of used printing machinery requires reliable, corroborated evidence before declared import values may be displaced. Overseas information lacking import-specific details, verified enquiry material, or supported technical valuation methodology does not establish undervaluation. Confiscation requires a distinct statutory notice; a duty-demand notice cannot substitute for it. Redemption fine cannot be imposed where previously cleared goods are unavailable for confiscation. Differential duty on provisionally assessed goods requires finalisation of the provisional assessment first. Extended limitation requires supported suppression and cannot apply where Customs examined the goods and considered valuation certificates. When valuation demands and confiscation fail, related redemption fines and penalties lack foundation.