https://www.taxtmi.com/caselaws?id=236396 The Tribunal upheld the classification of imported goods under CTH 2710 instead of CTH 2709 due to insufficient evidence supporting the latter. It justified the confiscation and penalties imposed on the appellants for misdeclaration, limiting penalties to the duty sought to be evaded. The Tribunal ruled in favor of the appellants on enhancing the assessable value, finding the adjudicating authority lacked evidence to support the increase. The appeals were mostly dismissed, with penalties to be recalculated based on the correct differential duty. en-us Wed, 17 Apr 2013 00:00:00 +0530 Mon, 26 Aug 2013 07:47:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236396 The Tribunal upheld the classification of imported goods under CTH 2710 instead of CTH 2709 due to insufficient evidence supporting the latter. It justified the confiscation and penalties imposed on the appellants for misdeclaration, limiting penalties to the duty sought to be evaded. The Tribunal ruled in favor of the appellants on enhancing the assessable value, finding the adjudicating authority lacked evidence to support the increase. The appeals were mostly dismissed, with penalties to be recalculated based on the correct differential duty. Case-Laws Customs Wed, 17 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236396