https://www.taxtmi.com/caselaws?id=114261 The Tribunal partially allowed the appeal by setting aside the enhanced value but upheld the confiscation of goods due to the lack of an import license for machines over 10 years old. The decision emphasized the significance of valuing goods based on current market value and adhering to import regulations to prevent confiscation and penalties. en-us Mon, 09 Feb 2004 00:00:00 +0530 Mon, 14 May 2012 12:32:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114261 The Tribunal partially allowed the appeal by setting aside the enhanced value but upheld the confiscation of goods due to the lack of an import license for machines over 10 years old. The decision emphasized the significance of valuing goods based on current market value and adhering to import regulations to prevent confiscation and penalties. Case-Laws Customs Mon, 09 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114261