https://www.taxtmi.com/caselaws?id=112934 The tribunal upheld the confiscation, value determination, and penalty imposition under the Customs Act for misdeclaration of imported goods, despite the appellant's argument that the goods were imported under a sales contract for scrap. The misdeclaration led to confiscation under Section 111(m) of the Customs Act, with the tribunal emphasizing the significance of accurate declaration of goods and proper examination procedures in customs cases. The penalty on the Proprietor was set aside, partially allowing the appeal. en-us Tue, 09 Mar 2004 00:00:00 +0530 Wed, 02 May 2012 16:53:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112934 The tribunal upheld the confiscation, value determination, and penalty imposition under the Customs Act for misdeclaration of imported goods, despite the appellant's argument that the goods were imported under a sales contract for scrap. The misdeclaration led to confiscation under Section 111(m) of the Customs Act, with the tribunal emphasizing the significance of accurate declaration of goods and proper examination procedures in customs cases. The penalty on the Proprietor was set aside, partially allowing the appeal. Case-Laws Customs Tue, 09 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112934