https://www.taxtmi.com/caselaws?id=86067 The tribunal allowed the appeal partially, reducing the confirmed duty amount from Rs. 1,95,858.00 to Rs. 97,929.00 based on the revised assessable value. The tribunal found misdeclaration but upheld the imposed fine as lenient. The machinery could be redeemed upon payment of the revised duty amount, and no penalty was imposed on the appellants. en-us Fri, 29 Nov 1996 00:00:00 +0530 Wed, 10 Aug 2011 10:36:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86067 The tribunal allowed the appeal partially, reducing the confirmed duty amount from Rs. 1,95,858.00 to Rs. 97,929.00 based on the revised assessable value. The tribunal found misdeclaration but upheld the imposed fine as lenient. The machinery could be redeemed upon payment of the revised duty amount, and no penalty was imposed on the appellants. Case-Laws Customs Fri, 29 Nov 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86067