https://www.taxtmi.com/caselaws?id=90899 Import of complete electronic typewriters in knocked-down condition in breach of a binding Phased Manufacturing Programme was treated as a violation of import restrictions, justifying confiscation under the Customs Act. The commentary also states that undervaluation was established through contemporaneous documents, including the fax message and proforma invoice, together with the special relationship between the importer and foreign supplier. On that basis, enhancement of assessable value and penalty were upheld, with the claimed lower negotiated price found unsupported by evidence. en-us Fri, 12 Mar 1999 00:00:00 +0530 Wed, 12 Oct 2011 13:45:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90899 Import of complete electronic typewriters in knocked-down condition in breach of a binding Phased Manufacturing Programme was treated as a violation of import restrictions, justifying confiscation under the Customs Act. The commentary also states that undervaluation was established through contemporaneous documents, including the fax message and proforma invoice, together with the special relationship between the importer and foreign supplier. On that basis, enhancement of assessable value and penalty were upheld, with the claimed lower negotiated price found unsupported by evidence. Case-Laws Customs Fri, 12 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90899