https://www.taxtmi.com/caselaws?id=109895 The case involved misdeclaration of goods as scrap instead of iron/steel bars, leading to intentional under-valuation and confiscation under Section 111(m) of the Customs Act. The goods were ordered to be confiscated but could be redeemed upon payment of a fine. Request for treating goods as scrap post-mutilation was denied due to prime quality. Penalties were imposed for misdeclaration and clandestine removal. The determination of the goods' value was set aside for re-evaluation in compliance with Customs Valuation Rules. The overall decision upheld the adjudicating authority's order, except for the value determination, which was remanded for fresh assessment. en-us Tue, 24 Jun 2003 00:00:00 +0530 Thu, 12 Apr 2012 16:48:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109895 The case involved misdeclaration of goods as scrap instead of iron/steel bars, leading to intentional under-valuation and confiscation under Section 111(m) of the Customs Act. The goods were ordered to be confiscated but could be redeemed upon payment of a fine. Request for treating goods as scrap post-mutilation was denied due to prime quality. Penalties were imposed for misdeclaration and clandestine removal. The determination of the goods' value was set aside for re-evaluation in compliance with Customs Valuation Rules. The overall decision upheld the adjudicating authority's order, except for the value determination, which was remanded for fresh assessment. Case-Laws Customs Tue, 24 Jun 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109895