https://www.taxtmi.com/caselaws?id=112586 The appellant appealed against the adjudication order challenging the valuation of old photocopier components. The Commissioner increased the value based on a Chartered Engineer's certificate, but the appellant argued the uncertain year of manufacture. The Tribunal found the basis for enhancing value unreliable without a specific year and rejected the transaction value. Confiscation of goods under Exim Policy violation was upheld, but the redemption fine and penalty were reduced due to the declared value. The appeal was disposed of, affirming the confiscation but reducing fines. en-us Fri, 20 Aug 2004 00:00:00 +0530 Mon, 30 Apr 2012 17:11:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112586 The appellant appealed against the adjudication order challenging the valuation of old photocopier components. The Commissioner increased the value based on a Chartered Engineer's certificate, but the appellant argued the uncertain year of manufacture. The Tribunal found the basis for enhancing value unreliable without a specific year and rejected the transaction value. Confiscation of goods under Exim Policy violation was upheld, but the redemption fine and penalty were reduced due to the declared value. The appeal was disposed of, affirming the confiscation but reducing fines. Case-Laws Customs Fri, 20 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112586