https://www.taxtmi.com/caselaws?id=97666 The appellate tribunal confirmed the valuation of imported goods at $7 per kilogram based on findings of deliberate undervaluation. The Commissioner's duty appropriation of approximately Rs. 17.75 lakhs was upheld due to undervaluation despite appellant's complaints. Discrepancies in invoices and lack of evidence supporting processing claims led to the Commissioner's decision. The tribunal disagreed with the absence of penalties and confiscation, emphasizing further assessment of liabilities. Confiscation and penalties were set aside, but the valuation was affirmed. en-us Fri, 27 Oct 2000 00:00:00 +0530 Tue, 17 Jan 2012 16:09:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97666 The appellate tribunal confirmed the valuation of imported goods at $7 per kilogram based on findings of deliberate undervaluation. The Commissioner's duty appropriation of approximately Rs. 17.75 lakhs was upheld due to undervaluation despite appellant's complaints. Discrepancies in invoices and lack of evidence supporting processing claims led to the Commissioner's decision. The tribunal disagreed with the absence of penalties and confiscation, emphasizing further assessment of liabilities. Confiscation and penalties were set aside, but the valuation was affirmed. Case-Laws Customs Fri, 27 Oct 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97666