https://www.taxtmi.com/caselaws?id=117917 The Tribunal upheld the decision of the lower authorities in a case involving undervaluation of imported goods by M/s Big Byte Corporation. The appellant's challenge against duty payment, confiscation, penalty, and redemption fine was rejected. The Tribunal emphasized the significance of accurate valuation, supporting the imposition of penalties under the Customs Act sections for undervaluation and violation. The appeal was dismissed, affirming the duty payment, confiscation, and penalties imposed on the appellant for undervalued imported goods. en-us Tue, 07 Feb 2006 00:00:00 +0530 Wed, 27 Jun 2012 13:28:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117917 The Tribunal upheld the decision of the lower authorities in a case involving undervaluation of imported goods by M/s Big Byte Corporation. The appellant's challenge against duty payment, confiscation, penalty, and redemption fine was rejected. The Tribunal emphasized the significance of accurate valuation, supporting the imposition of penalties under the Customs Act sections for undervaluation and violation. The appeal was dismissed, affirming the duty payment, confiscation, and penalties imposed on the appellant for undervalued imported goods. Case-Laws Customs Tue, 07 Feb 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117917