https://www.taxtmi.com/caselaws?id=103986 The Tribunal directed the applicant to deposit Rs. 5 lakhs as a pre-deposit within six weeks from the date of the order for importing goods from Korea. The rejection of the invoice price and fixing the price of imported goods at a higher value of US $ 1.90 per meter led to the demand for a differential duty, with the penalty proposal being dropped. The Tribunal emphasized the importance of the quantity of fabrics imported and the payment arrangement to a third party in determining the pre-deposit amount. Compliance reporting was scheduled for 22-3-2002. en-us Thu, 07 Feb 2002 00:00:00 +0530 Sat, 25 Feb 2012 12:28:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103986 The Tribunal directed the applicant to deposit Rs. 5 lakhs as a pre-deposit within six weeks from the date of the order for importing goods from Korea. The rejection of the invoice price and fixing the price of imported goods at a higher value of US $ 1.90 per meter led to the demand for a differential duty, with the penalty proposal being dropped. The Tribunal emphasized the importance of the quantity of fabrics imported and the payment arrangement to a third party in determining the pre-deposit amount. Compliance reporting was scheduled for 22-3-2002. Case-Laws Customs Thu, 07 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103986