https://www.taxtmi.com/caselaws?id=125469 The Appellate Tribunal CESTAT, Mumbai addressed issues concerning the re-determination of the assessable value of an imported car, confiscation for non-submission of the required Type Approval certificate, and the imposition of a penalty under Section 112(a) of the Customs Act, 1962. The Tribunal upheld the re-determined value based on investigations, questioned the confiscation due to the certificate issue, and did not extensively discuss the penalty. The decision directed the applicant to pay duty, provide a bank guarantee, and release the car provisionally, while dismissing the stay application and the early hearing application on the stay petition. en-us Mon, 23 Mar 2009 00:00:00 +0530 Thu, 25 Oct 2012 14:46:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125469 The Appellate Tribunal CESTAT, Mumbai addressed issues concerning the re-determination of the assessable value of an imported car, confiscation for non-submission of the required Type Approval certificate, and the imposition of a penalty under Section 112(a) of the Customs Act, 1962. The Tribunal upheld the re-determined value based on investigations, questioned the confiscation due to the certificate issue, and did not extensively discuss the penalty. The decision directed the applicant to pay duty, provide a bank guarantee, and release the car provisionally, while dismissing the stay application and the early hearing application on the stay petition. Case-Laws Customs Mon, 23 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125469