https://www.taxtmi.com/caselaws?id=97889 The Tribunal largely rejected the appeal, upholding the classification of the imported goods as complete photocopiers under sub-heading 9009.21 of the Customs Tariff Act. The enhanced valuation by the Commissioner was deemed valid under Rule 8 of the Customs Valuation Rules due to mis-declaration. Import restrictions were affirmed, requiring a specific license not held by the appellants, leading to confiscation under Section 111(d) of the Customs Act. The Tribunal found no violation of natural justice, reducing the redemption fine to Rs. 25,000 and the penalty to Rs. 15,000 based on the goods' old and used condition. en-us Tue, 29 May 2001 00:00:00 +0530 Wed, 18 Jan 2012 14:52:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97889 The Tribunal largely rejected the appeal, upholding the classification of the imported goods as complete photocopiers under sub-heading 9009.21 of the Customs Tariff Act. The enhanced valuation by the Commissioner was deemed valid under Rule 8 of the Customs Valuation Rules due to mis-declaration. Import restrictions were affirmed, requiring a specific license not held by the appellants, leading to confiscation under Section 111(d) of the Customs Act. The Tribunal found no violation of natural justice, reducing the redemption fine to Rs. 25,000 and the penalty to Rs. 15,000 based on the goods' old and used condition. Case-Laws Customs Tue, 29 May 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97889