https://www.taxtmi.com/caselaws?id=125874 The Tribunal allowed the appeal in a case involving misdeclaration of imported goods, where the appellant admitted past misdeclarations. The Tribunal held that duty could be demanded based on the confessional statement and that duty should be calculated based on CIF prices without additional charges. The matter was remanded to determine duty payable on CIF prices, reducing the penalty proportionately. The decision emphasizes the importance of confessional statements and correct duty calculation methods, ensuring fair enforcement of customs regulations. en-us Tue, 10 Feb 2009 00:00:00 +0530 Wed, 31 Oct 2012 11:15:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125874 The Tribunal allowed the appeal in a case involving misdeclaration of imported goods, where the appellant admitted past misdeclarations. The Tribunal held that duty could be demanded based on the confessional statement and that duty should be calculated based on CIF prices without additional charges. The matter was remanded to determine duty payable on CIF prices, reducing the penalty proportionately. The decision emphasizes the importance of confessional statements and correct duty calculation methods, ensuring fair enforcement of customs regulations. Case-Laws Customs Tue, 10 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125874