CESTAT appellate order involving misdeclaration of imported...

CESTAT appellate order involving misdeclaration of imported goods classified as 'China Glass Imitation Stone'. The tribunal rejected appellant's challenge to valuation and penalty, finding substantial evidence of intentional undervaluation. Despite appellant's request for cross-examination, the tribunal determined that no procedural prejudice occurred, as the appellant's own statements implicated his involvement in the import irregularities. The original authority's valuation methodology using contemporaneous import data was deemed appropriate. The tribunal upheld the original order, imposing penalties under Sections 112(b) and 114AA, and consequently dismissed the appeals against the demand notices. The decision affirmed the comprehensive evidentiary chain establishing the appellant's direct participation in the misdeclaration scheme.