https://www.taxtmi.com/caselaws?id=82174 Replacement of original import documents with fabricated invoices showing lower values supported an undervaluation finding, and the original shipping orders were accepted as the assessable basis for duty adjustment and confiscation. On the same evidence of knowledge, participation and collusion, penalty was sustained against the company officials, the clearing agent and its employee for false declarations and misuse of the clearance process. However, the quantum of penalties was moderated where the amounts were considered excessive and disproportionate, while the finding of contravention remained intact. en-us Mon, 26 Oct 1992 00:00:00 +0530 Sat, 02 Jul 2011 14:53:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82174 Replacement of original import documents with fabricated invoices showing lower values supported an undervaluation finding, and the original shipping orders were accepted as the assessable basis for duty adjustment and confiscation. On the same evidence of knowledge, participation and collusion, penalty was sustained against the company officials, the clearing agent and its employee for false declarations and misuse of the clearance process. However, the quantum of penalties was moderated where the amounts were considered excessive and disproportionate, while the finding of contravention remained intact. Case-Laws Customs Mon, 26 Oct 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82174