https://www.taxtmi.com/caselaws?id=76994 Misdeclaration of an imported vehicle, where the declared model and supporting papers did not tally with the goods actually examined, justified confiscation, redemption fine and penalty under the customs and foreign trade law regime. The authorities relied on the inspection material, documents and statements to conclude that the import was not bona fide and that the discrepancies indicated an attempt to evade duty. Because the declared particulars were unreliable, valuation under the normal customs rules was not available and the residual method was applied. The request for re-export was also rejected and that refusal was sustained. en-us Wed, 08 Apr 2009 00:00:00 +0530 Fri, 06 Aug 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76994 Misdeclaration of an imported vehicle, where the declared model and supporting papers did not tally with the goods actually examined, justified confiscation, redemption fine and penalty under the customs and foreign trade law regime. The authorities relied on the inspection material, documents and statements to conclude that the import was not bona fide and that the discrepancies indicated an attempt to evade duty. Because the declared particulars were unreliable, valuation under the normal customs rules was not available and the residual method was applied. The request for re-export was also rejected and that refusal was sustained. Case-Laws Customs Wed, 08 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76994