https://www.taxtmi.com/caselaws?id=219034 The Tribunal upheld the jurisdiction of the Directorate of Revenue Intelligence (DRI) to issue notices, finding misdeclaration and undervaluation of imported goods by certain entities. It affirmed the determination of additional customs duty (CVD) based on Retail Sale Price (RSP) and the validity of customs officers determining RSP. The Tribunal discussed the retrospective amendment to Section 28 of the Customs Act, 1962, validating actions by customs officers. It directed the appellants to make a pre-deposit of Rs. One crore within eight weeks, with further recovery stayed pending appeal. en-us Mon, 09 Apr 2012 00:00:00 +0530 Tue, 04 Dec 2012 01:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219034 The Tribunal upheld the jurisdiction of the Directorate of Revenue Intelligence (DRI) to issue notices, finding misdeclaration and undervaluation of imported goods by certain entities. It affirmed the determination of additional customs duty (CVD) based on Retail Sale Price (RSP) and the validity of customs officers determining RSP. The Tribunal discussed the retrospective amendment to Section 28 of the Customs Act, 1962, validating actions by customs officers. It directed the appellants to make a pre-deposit of Rs. One crore within eight weeks, with further recovery stayed pending appeal. Case-Laws Customs Mon, 09 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219034