https://www.taxtmi.com/caselaws?id=88076 Contemporaneous physical evidence, carton labels, manuals and expert reports showed the imported goods were dot matrix printers with limited graphic facilities, not plotters, so they were ineligible for import under Open General Licence. Because the declaration, invoices and labels were inconsistent, the declared value was rejected and the lower authority's valuation based on available market data and deduction from retail prices was upheld. Misdescription and incorrect valuation also sustained confiscation, with redemption fine and penalty maintained as not excessive. en-us Thu, 11 Dec 1997 00:00:00 +0530 Wed, 14 Sep 2011 18:30:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88076 Contemporaneous physical evidence, carton labels, manuals and expert reports showed the imported goods were dot matrix printers with limited graphic facilities, not plotters, so they were ineligible for import under Open General Licence. Because the declaration, invoices and labels were inconsistent, the declared value was rejected and the lower authority's valuation based on available market data and deduction from retail prices was upheld. Misdescription and incorrect valuation also sustained confiscation, with redemption fine and penalty maintained as not excessive. Case-Laws Customs Thu, 11 Dec 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88076