https://www.taxtmi.com/caselaws?id=80405 The appeal challenged the confiscation of Nutmeg Oil due to under-valuation and unauthorized import. The Customs House found the declared value incorrect, resulting in a revenue loss. The appellant's arguments regarding import validity under Open General Licence were refuted, leading to the confiscation being upheld. The tribunal supported the confiscation but waived the personal penalty and ordered the Customs House to refund the duty amount paid upon confiscation. en-us Tue, 19 Dec 1989 00:00:00 +0530 Thu, 16 Jun 2011 16:13:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80405 The appeal challenged the confiscation of Nutmeg Oil due to under-valuation and unauthorized import. The Customs House found the declared value incorrect, resulting in a revenue loss. The appellant's arguments regarding import validity under Open General Licence were refuted, leading to the confiscation being upheld. The tribunal supported the confiscation but waived the personal penalty and ordered the Customs House to refund the duty amount paid upon confiscation. Case-Laws Customs Tue, 19 Dec 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80405