https://www.taxtmi.com/caselaws?id=97151 The Tribunal upheld the order confiscating imported machines due to age and value determinations made by the Commissioner of Customs. The reliance on statements from company representatives and lack of cross-examination supported this decision. However, the Tribunal found the redemption fine and penalty excessive, reducing them in the interest of justice. Discrepancies in opinions regarding manufacturing year and value underscored the complexity of assessing imported goods, emphasizing the need for accurate documentation and expert opinions. en-us Fri, 29 Jun 2001 00:00:00 +0530 Sat, 14 Jan 2012 12:09:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97151 The Tribunal upheld the order confiscating imported machines due to age and value determinations made by the Commissioner of Customs. The reliance on statements from company representatives and lack of cross-examination supported this decision. However, the Tribunal found the redemption fine and penalty excessive, reducing them in the interest of justice. Discrepancies in opinions regarding manufacturing year and value underscored the complexity of assessing imported goods, emphasizing the need for accurate documentation and expert opinions. Case-Laws Customs Fri, 29 Jun 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97151