https://www.taxtmi.com/caselaws?id=95992 The Tribunal ruled in favor of the importer regarding the valuation of the imported printing machine, holding that duty should be levied based on the importer's declared value. The Tribunal upheld the confiscation of goods under the Customs Act and the imposition of a penalty under Section 112(a) due to the violation of import restrictions, as acknowledged by the appellant's counsel. The judgment affirmed the Commissioner's decision with modifications to ensure fair treatment of the importer. en-us Tue, 03 Apr 2001 00:00:00 +0530 Fri, 16 Dec 2011 15:09:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95992 The Tribunal ruled in favor of the importer regarding the valuation of the imported printing machine, holding that duty should be levied based on the importer's declared value. The Tribunal upheld the confiscation of goods under the Customs Act and the imposition of a penalty under Section 112(a) due to the violation of import restrictions, as acknowledged by the appellant's counsel. The judgment affirmed the Commissioner's decision with modifications to ensure fair treatment of the importer. Case-Laws Customs Tue, 03 Apr 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95992