https://www.taxtmi.com/caselaws?id=81653 The Tribunal ruled in favor of the appellants in a customs case concerning imported goods. The goods, claimed to be components for an Air Separation Plant under Open General License (OGL), were initially confiscated and penalized by the Collector of Customs. The Tribunal held that the goods qualified as components under OGL, overturning the confiscation order. Additionally, the Tribunal found the Department's rejection of the invoice value unjustified, as there was insufficient evidence of undervaluation and doubts regarding the valuation certificate's authenticity. The impugned order was set aside, granting relief to the appellants. en-us Mon, 16 Sep 1991 00:00:00 +0530 Mon, 27 Jun 2011 18:58:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81653 The Tribunal ruled in favor of the appellants in a customs case concerning imported goods. The goods, claimed to be components for an Air Separation Plant under Open General License (OGL), were initially confiscated and penalized by the Collector of Customs. The Tribunal held that the goods qualified as components under OGL, overturning the confiscation order. Additionally, the Tribunal found the Department's rejection of the invoice value unjustified, as there was insufficient evidence of undervaluation and doubts regarding the valuation certificate's authenticity. The impugned order was set aside, granting relief to the appellants. Case-Laws Customs Mon, 16 Sep 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81653