https://www.taxtmi.com/caselaws?id=125229 Confiscation under customs law was held to be confined to the undeclared 5 mm steel sheets, because the remaining imported re-rollable scrap had been declared and could not be brought within the confiscation action. The description and value of the declared goods had been amended, and the valuation of the undeclared steel sheets at US$ 250 per M.T. was not disputed. In these circumstances, the redemption fine and penalty were moderated in view of the limited value of the goods liable to confiscation. Confiscation of the re-rollable scrap was set aside, while confiscation and valuation of the undeclared steel sheets were upheld. en-us Mon, 17 Nov 2008 00:00:00 +0530 Sat, 20 Oct 2012 17:48:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125229 Confiscation under customs law was held to be confined to the undeclared 5 mm steel sheets, because the remaining imported re-rollable scrap had been declared and could not be brought within the confiscation action. The description and value of the declared goods had been amended, and the valuation of the undeclared steel sheets at US$ 250 per M.T. was not disputed. In these circumstances, the redemption fine and penalty were moderated in view of the limited value of the goods liable to confiscation. Confiscation of the re-rollable scrap was set aside, while confiscation and valuation of the undeclared steel sheets were upheld. Case-Laws Customs Mon, 17 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125229