https://www.taxtmi.com/caselaws?id=82251 Imported car valuation was upheld on the settled basis of the world car catalogue price for the same model, adjusted for appropriate trade discount, rather than the individual invoice price. The penalty was quashed because the adjudication order did not specify whether it was imposed under clause (a) or clause (b) of the customs penalty provision, and penal proceedings require clear identification of the exact charging clause. The redemption fine was reduced on proportionality grounds, having regard to the importer's circumstances, the duty already paid, and the need for a punishment commensurate with the offence. en-us Tue, 22 Oct 1991 00:00:00 +0530 Sat, 02 Jul 2011 18:32:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82251 Imported car valuation was upheld on the settled basis of the world car catalogue price for the same model, adjusted for appropriate trade discount, rather than the individual invoice price. The penalty was quashed because the adjudication order did not specify whether it was imposed under clause (a) or clause (b) of the customs penalty provision, and penal proceedings require clear identification of the exact charging clause. The redemption fine was reduced on proportionality grounds, having regard to the importer's circumstances, the duty already paid, and the need for a punishment commensurate with the offence. Case-Laws Customs Tue, 22 Oct 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82251