https://www.taxtmi.com/caselaws?id=126706 The Tribunal upheld the finding of undervaluation of imported tyres but remanded the case back to the adjudicating authority for re-quantification of the differential duty. The authority was directed to consider one of the alternative valuation methods suggested by the appellant. Additionally, the adjudicating authority was instructed to reassess the imposition of penalties and interest based on the revised quantification. Penalties were imposed on the appellant and its representatives under relevant sections of the Customs Act, and interest was demanded. The appeals were disposed of accordingly. en-us Wed, 17 Jun 2009 00:00:00 +0530 Tue, 04 Dec 2012 17:48:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126706 The Tribunal upheld the finding of undervaluation of imported tyres but remanded the case back to the adjudicating authority for re-quantification of the differential duty. The authority was directed to consider one of the alternative valuation methods suggested by the appellant. Additionally, the adjudicating authority was instructed to reassess the imposition of penalties and interest based on the revised quantification. Penalties were imposed on the appellant and its representatives under relevant sections of the Customs Act, and interest was demanded. The appeals were disposed of accordingly. Case-Laws Central Excise Wed, 17 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126706