https://www.taxtmi.com/caselaws?id=234593 The judgment emphasized the need for proper valuation of imported cars, imposition of fines and penalties for misdeclaration, and compliance with import policies regarding the country of manufacture. The case was remanded for re-adjudication to address the issues raised fairly and thoroughly. The Review Committee recommended re-determination of the assessable value based on the true value of the car, an increase in redemption fine and penalty for willful suppression of value, and consideration of evidence related to import policy violation and under-valuation. en-us Thu, 02 May 2013 00:00:00 +0530 Wed, 15 Feb 2017 15:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234593 The judgment emphasized the need for proper valuation of imported cars, imposition of fines and penalties for misdeclaration, and compliance with import policies regarding the country of manufacture. The case was remanded for re-adjudication to address the issues raised fairly and thoroughly. The Review Committee recommended re-determination of the assessable value based on the true value of the car, an increase in redemption fine and penalty for willful suppression of value, and consideration of evidence related to import policy violation and under-valuation. Case-Laws Customs Thu, 02 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234593