https://www.taxtmi.com/caselaws?id=99157 The court set aside the order for the confiscation of goods under Sections 111(m) and (d) of the Customs Act, 1962, and remanded the matter for revaluation. The Collector was directed to re-determine the value without relying on quotations to fictitious addressees and allow the appellants to cross-examine the authors/recipients of the quotations. The findings on mis-declaration were not upheld, and the issue of confiscation under Section 111(d) was left open for re-determination. The High Court directed the release of goods upon payment of differential duty, redemption fine, penalty, and a personal bond. en-us Fri, 25 Aug 2000 00:00:00 +0530 Wed, 25 Jan 2012 13:18:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99157 The court set aside the order for the confiscation of goods under Sections 111(m) and (d) of the Customs Act, 1962, and remanded the matter for revaluation. The Collector was directed to re-determine the value without relying on quotations to fictitious addressees and allow the appellants to cross-examine the authors/recipients of the quotations. The findings on mis-declaration were not upheld, and the issue of confiscation under Section 111(d) was left open for re-determination. The High Court directed the release of goods upon payment of differential duty, redemption fine, penalty, and a personal bond. Case-Laws Customs Fri, 25 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99157