https://www.taxtmi.com/caselaws?id=109186 The Tribunal upheld the demand for Customs duty, including the freight paid for the Daughter Vessel in the assessable value. The extended period of limitation was applied as the transport cost of the Daughter Vessel was not disclosed. The penalty under Section 114A was reduced to Rs. 1 crore, and the penalty under Section 112 was set aside. en-us Fri, 04 Oct 2002 00:00:00 +0530 Fri, 06 Apr 2012 13:53:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109186 The Tribunal upheld the demand for Customs duty, including the freight paid for the Daughter Vessel in the assessable value. The extended period of limitation was applied as the transport cost of the Daughter Vessel was not disclosed. The penalty under Section 114A was reduced to Rs. 1 crore, and the penalty under Section 112 was set aside. Case-Laws Customs Fri, 04 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109186