https://www.taxtmi.com/caselaws?id=87907 The Appellate Tribunal CEGAT, Mumbai, ruled in an appeal involving misdeclaration of goods by an importer, leading to a duty demand of Rs. 1.48 crores and penalties on individuals linked to the importer and CHA. The tribunal determined that technical knowhow fees should be included in the assessable value of the project import, rejecting the appellant's argument for a lower duty rate. Despite finding no prima facie case for penalties, the tribunal waived and stayed penalty recovery, subject to partial deposits. The judgment addresses duty assessment complexities, conspiracy claims, penalty imposition, and misdeclaration circumstances comprehensively. en-us Fri, 19 Dec 1997 00:00:00 +0530 Tue, 13 Sep 2011 17:08:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87907 The Appellate Tribunal CEGAT, Mumbai, ruled in an appeal involving misdeclaration of goods by an importer, leading to a duty demand of Rs. 1.48 crores and penalties on individuals linked to the importer and CHA. The tribunal determined that technical knowhow fees should be included in the assessable value of the project import, rejecting the appellant's argument for a lower duty rate. Despite finding no prima facie case for penalties, the tribunal waived and stayed penalty recovery, subject to partial deposits. The judgment addresses duty assessment complexities, conspiracy claims, penalty imposition, and misdeclaration circumstances comprehensively. Case-Laws Customs Fri, 19 Dec 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87907