https://www.taxtmi.com/caselaws?id=98492 In a confiscation matter involving misdeclaration and undervaluation of imported goods, the goods were found to differ from the declared description and the importer accepted the enhanced value. The only issue that remained was the quantum of redemption fine and penalty. Considering the totality of facts, including the gap between the declared and assessed values, the amounts originally imposed were found excessive and were reduced. en-us Wed, 21 Mar 2001 00:00:00 +0530 Fri, 20 Jan 2012 17:47:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98492 In a confiscation matter involving misdeclaration and undervaluation of imported goods, the goods were found to differ from the declared description and the importer accepted the enhanced value. The only issue that remained was the quantum of redemption fine and penalty. Considering the totality of facts, including the gap between the declared and assessed values, the amounts originally imposed were found excessive and were reduced. Case-Laws Customs Wed, 21 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98492