https://www.taxtmi.com/caselaws?id=81989 Undervaluation could not be sustained because the Department's valuation was unsupported by any disclosed basis and the burden of proving the allegation was not discharged; the charge was therefore set aside. Import of old and used disposal goods fell outside the REP licence and violated import control restrictions; confiscation was therefore upheld. In light of the accepted invoice price and the overall circumstances, the redemption fine and personal penalty were found excessive and were reduced. en-us Fri, 17 Jan 1992 00:00:00 +0530 Fri, 01 Jul 2011 12:06:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81989 Undervaluation could not be sustained because the Department's valuation was unsupported by any disclosed basis and the burden of proving the allegation was not discharged; the charge was therefore set aside. Import of old and used disposal goods fell outside the REP licence and violated import control restrictions; confiscation was therefore upheld. In light of the accepted invoice price and the overall circumstances, the redemption fine and personal penalty were found excessive and were reduced. Case-Laws Customs Fri, 17 Jan 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81989