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    <title>2000 (11) TMI 481 - CEGAT, CHENNAI</title>
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    <description>In the case regarding the valuation of Quartz Analog watches, the Tribunal upheld the demand for a differential duty of Rs. 31,960.80, rejecting the appeal by M/s. Titan Industries Limited. However, in the matter concerning the classification and duty liability of pencils, specifically eyebrow pencils, the Tribunal allowed the appeal, setting aside the demand of Rs. 46,327.32 and penalty of Rs. 7,000 as the Revenue failed to prove misdeclaration.</description>
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