https://www.taxtmi.com/caselaws?id=124254 The Tribunal upheld the Commissioner's decision to confiscate goods and impose a penalty for misdeclaration of value in the import of second-hand machinery. The fine and penalty amounts were reduced due to the excessive nature of the original imposition. Additionally, the Tribunal granted the importer's request for re-export of the goods based on the unsuitability of the machinery for its intended purpose. en-us Thu, 03 Jul 2008 00:00:00 +0530 Thu, 27 Sep 2012 12:11:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124254 The Tribunal upheld the Commissioner's decision to confiscate goods and impose a penalty for misdeclaration of value in the import of second-hand machinery. The fine and penalty amounts were reduced due to the excessive nature of the original imposition. Additionally, the Tribunal granted the importer's request for re-export of the goods based on the unsuitability of the machinery for its intended purpose. Case-Laws Customs Thu, 03 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124254