https://www.taxtmi.com/caselaws?id=122953 The Tribunal upheld the Commissioner of Customs' decision, confirming a demand of Rs. 1,68,73,731 for misdeclaration of imported goods' value, with penalties on the importer and Directors. Allegations of evasion of Customs Duty amounting to Rs. 1.69 crores were substantiated against the appellant-company, emphasizing discrepancies in declared prices. Despite the appellant's financial difficulties plea, the Tribunal directed the Directors to make pre-deposits, highlighting their involvement in the case. The Tribunal disposed of stay applications, setting compliance requirements for the appellant-company and Directors. en-us Wed, 12 Sep 2007 00:00:00 +0530 Tue, 21 Aug 2012 18:35:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122953 The Tribunal upheld the Commissioner of Customs' decision, confirming a demand of Rs. 1,68,73,731 for misdeclaration of imported goods' value, with penalties on the importer and Directors. Allegations of evasion of Customs Duty amounting to Rs. 1.69 crores were substantiated against the appellant-company, emphasizing discrepancies in declared prices. Despite the appellant's financial difficulties plea, the Tribunal directed the Directors to make pre-deposits, highlighting their involvement in the case. The Tribunal disposed of stay applications, setting compliance requirements for the appellant-company and Directors. Case-Laws Customs Wed, 12 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122953