https://www.taxtmi.com/caselaws?id=203860 Admitted misdeclaration of imported goods' description and value supports confiscation under Section 111(m) of the Customs Act, with redemption fine and penalty following where examination reports and contemporaneous prices establish both misdescription and undervaluation. Failure to produce the pre-shipment inspection certificate required by paragraph 2.32 of the Foreign Trade Policy at the time of filing the bill of entry also renders the goods liable to confiscation under Section 111(d), because the import condition is mandatory and cannot be cured by later inspection of the goods. The sustained effect is that confiscation, fine and penalty follow from both breaches. en-us Wed, 23 Mar 2011 00:00:00 +0530 Fri, 30 Dec 2011 17:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203860 Admitted misdeclaration of imported goods' description and value supports confiscation under Section 111(m) of the Customs Act, with redemption fine and penalty following where examination reports and contemporaneous prices establish both misdescription and undervaluation. Failure to produce the pre-shipment inspection certificate required by paragraph 2.32 of the Foreign Trade Policy at the time of filing the bill of entry also renders the goods liable to confiscation under Section 111(d), because the import condition is mandatory and cannot be cured by later inspection of the goods. The sustained effect is that confiscation, fine and penalty follow from both breaches. Case-Laws Customs Wed, 23 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203860