https://www.taxtmi.com/caselaws?id=99851 The Tribunal upheld the lower authorities' decision regarding the misdeclaration of goods and enhanced valuation, leading to confiscation and penalty under Sections 111(m) and 112(a) of the Customs Act. The appeal challenging the 20% enhancement in value of cadmium plates, misdeclared as cadmium metal ingots, was dismissed. The importer's evidence, including a newspaper article, failed to prove equal valuation for plates and ingots, resulting in the duty assessment, confiscation of goods, and imposition of penalties being upheld. The Tribunal found the actions taken by the authorities lawful and appropriate, affirming the original orders. en-us Tue, 03 Oct 2000 00:00:00 +0530 Mon, 30 Jan 2012 13:21:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99851 The Tribunal upheld the lower authorities' decision regarding the misdeclaration of goods and enhanced valuation, leading to confiscation and penalty under Sections 111(m) and 112(a) of the Customs Act. The appeal challenging the 20% enhancement in value of cadmium plates, misdeclared as cadmium metal ingots, was dismissed. The importer's evidence, including a newspaper article, failed to prove equal valuation for plates and ingots, resulting in the duty assessment, confiscation of goods, and imposition of penalties being upheld. The Tribunal found the actions taken by the authorities lawful and appropriate, affirming the original orders. Case-Laws Customs Tue, 03 Oct 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99851