https://www.taxtmi.com/caselaws?id=215252 Polyester corduroy fabrics were held classifiable as cut corduroy of man-made fibres under CTH 5801 3200 because the test report matched that tariff description and the importer accepted the classification. Re-determination of assessable value was set aside because the customs valuation sequence was not followed, the relied-upon comparable import was non-contemporaneous and already enhanced, and the declared transaction value was not displaced by contrary evidence. Confiscation, redemption fine and penalties were also set aside because the import documents consistently described the goods and no deliberate misdeclaration with intent to evade duty was proved. Duty was to be re-quantified on the upheld classification. en-us Thu, 05 Jan 2012 00:00:00 +0530 Thu, 11 Oct 2012 18:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215252 Polyester corduroy fabrics were held classifiable as cut corduroy of man-made fibres under CTH 5801 3200 because the test report matched that tariff description and the importer accepted the classification. Re-determination of assessable value was set aside because the customs valuation sequence was not followed, the relied-upon comparable import was non-contemporaneous and already enhanced, and the declared transaction value was not displaced by contrary evidence. Confiscation, redemption fine and penalties were also set aside because the import documents consistently described the goods and no deliberate misdeclaration with intent to evade duty was proved. Duty was to be re-quantified on the upheld classification. Case-Laws Customs Thu, 05 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215252