https://www.taxtmi.com/caselaws?id=85815 The court set aside the impugned order and instructed the Additional Commissioner to reevaluate the assessable value, confiscation, and penalty within four months. The judgment concluded that the appellant violated the Import and Export Control Act, 1947, and rejected the invoice price. The decision to remand the case for reassessment emphasized the importance of accurate declaration and valuation of imported goods to prevent customs duty evasion. en-us Fri, 20 Sep 1996 00:00:00 +0530 Mon, 08 Aug 2011 13:09:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85815 The court set aside the impugned order and instructed the Additional Commissioner to reevaluate the assessable value, confiscation, and penalty within four months. The judgment concluded that the appellant violated the Import and Export Control Act, 1947, and rejected the invoice price. The decision to remand the case for reassessment emphasized the importance of accurate declaration and valuation of imported goods to prevent customs duty evasion. Case-Laws Customs Fri, 20 Sep 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85815