https://www.taxtmi.com/caselaws?id=80277 The tribunal allowed the appeal in favor of the appellants, dropping charges of mis-declaration and contravention of regulations regarding the import of a secondhand machine. It emphasized the need for proper valuation methods and burden of proof on the department in cases of mis-declaration of value, stating that the price shown in the invoice was deemed the correct value for the imported machinery. The tribunal highlighted that duty should be levied based on the deemed value as per Section 14(l)(a) of the Customs Act, with the burden of proving mis-declaration lying with the department requiring concrete evidence. en-us Tue, 31 Oct 1989 00:00:00 +0530 Wed, 15 Jun 2011 17:37:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80277 The tribunal allowed the appeal in favor of the appellants, dropping charges of mis-declaration and contravention of regulations regarding the import of a secondhand machine. It emphasized the need for proper valuation methods and burden of proof on the department in cases of mis-declaration of value, stating that the price shown in the invoice was deemed the correct value for the imported machinery. The tribunal highlighted that duty should be levied based on the deemed value as per Section 14(l)(a) of the Customs Act, with the burden of proving mis-declaration lying with the department requiring concrete evidence. Case-Laws Customs Tue, 31 Oct 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80277