https://www.taxtmi.com/caselaws?id=116202 The Tribunal set aside the customs authorities' decision to enhance the value of imported goods due to insufficient information in the Chartered Engineer's certificate. The confiscation of the goods was upheld, but the redemption fine was reduced to Rs. 2 lakhs. The importance of accurate valuation of imported goods and the necessity for proper supporting documentation were emphasized in this case. en-us Fri, 01 Apr 2005 00:00:00 +0530 Fri, 08 Jun 2012 18:04:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116202 The Tribunal set aside the customs authorities' decision to enhance the value of imported goods due to insufficient information in the Chartered Engineer's certificate. The confiscation of the goods was upheld, but the redemption fine was reduced to Rs. 2 lakhs. The importance of accurate valuation of imported goods and the necessity for proper supporting documentation were emphasized in this case. Case-Laws Customs Fri, 01 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116202