https://www.taxtmi.com/caselaws?id=93849 Unauthenticated fax material was held insufficient to displace the declared transaction value of imported embroidery machines, so the under-valuation allegation failed. On the exemption issue, Notification No. 16/85 was read to cover embroidery machines of general application not specifically excluded, and the benefit was found available. Confiscation for import policy contravention remained undisturbed, but the redemption fine was reduced because it had been fixed on an enhanced value that was not sustained. The penalty on the firm was set aside, while the penalty on the managing partner was maintained. en-us Tue, 19 Sep 2000 00:00:00 +0530 Thu, 17 Nov 2011 13:05:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93849 Unauthenticated fax material was held insufficient to displace the declared transaction value of imported embroidery machines, so the under-valuation allegation failed. On the exemption issue, Notification No. 16/85 was read to cover embroidery machines of general application not specifically excluded, and the benefit was found available. Confiscation for import policy contravention remained undisturbed, but the redemption fine was reduced because it had been fixed on an enhanced value that was not sustained. The penalty on the firm was set aside, while the penalty on the managing partner was maintained. Case-Laws Customs Tue, 19 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93849