https://www.taxtmi.com/caselaws?id=73726 A specific import policy entry for tractors prevails over a general licence description for agricultural machinery, so tractor spares cannot be covered by broad wording where tractors are separately classified. An alternative claim that the goods were trawler parts also failed because the imported items were tractor engine parts and could not reasonably be identified as trawler engine components. Declared import values may be rejected where contemporaneous evidence shows under-valuation, although weak or outdated comparables should not control every item; here, some valuations were corrected while others were sustained. Penalties were deleted and the redemption fine reduced despite the finding of unauthorised import. en-us Fri, 05 Feb 1988 00:00:00 +0530 Fri, 03 Jun 2011 11:42:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73726 A specific import policy entry for tractors prevails over a general licence description for agricultural machinery, so tractor spares cannot be covered by broad wording where tractors are separately classified. An alternative claim that the goods were trawler parts also failed because the imported items were tractor engine parts and could not reasonably be identified as trawler engine components. Declared import values may be rejected where contemporaneous evidence shows under-valuation, although weak or outdated comparables should not control every item; here, some valuations were corrected while others were sustained. Penalties were deleted and the redemption fine reduced despite the finding of unauthorised import. Case-Laws Customs Fri, 05 Feb 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73726