https://www.taxtmi.com/caselaws?id=78493 A retracted admission of undervaluation may still be relied on when it is corroborated by independent documentary evidence, including supplier invoices obtained through customs and the importer's conduct; on that basis, the differential duty demand was sustained. Penalty and interest were also upheld for the relevant consignment, as the Tribunal found the customs provisions applicable in the manner adopted by the adjudicating authority. However, separate penalties on the partners were unsustainable once the firm had already been penalized on the same facts, so those penalties were deleted. en-us Wed, 03 Mar 2010 00:00:00 +0530 Mon, 22 Nov 2010 11:17:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78493 A retracted admission of undervaluation may still be relied on when it is corroborated by independent documentary evidence, including supplier invoices obtained through customs and the importer's conduct; on that basis, the differential duty demand was sustained. Penalty and interest were also upheld for the relevant consignment, as the Tribunal found the customs provisions applicable in the manner adopted by the adjudicating authority. However, separate penalties on the partners were unsustainable once the firm had already been penalized on the same facts, so those penalties were deleted. Case-Laws Customs Wed, 03 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78493