https://www.taxtmi.com/caselaws?id=244967 The Tribunal set aside the confiscation of goods and penalties imposed under the Customs Act, 1962, due to lack of evidence of mis-declaration of value in the seizure of cloves. The legitimate nature of transactions supported by proper documentation and payments through valid channels led to the conclusion that the appellants were not involved in undervaluation practices. Additionally, Shri Bhumish Shah's involvement was deemed unsustainable as the goods were imported by a government entity. Consequently, all four appeals were allowed, providing consequential relief to the appellants. en-us Thu, 18 Apr 2013 00:00:00 +0530 Fri, 14 Mar 2014 06:50:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244967 The Tribunal set aside the confiscation of goods and penalties imposed under the Customs Act, 1962, due to lack of evidence of mis-declaration of value in the seizure of cloves. The legitimate nature of transactions supported by proper documentation and payments through valid channels led to the conclusion that the appellants were not involved in undervaluation practices. Additionally, Shri Bhumish Shah's involvement was deemed unsustainable as the goods were imported by a government entity. Consequently, all four appeals were allowed, providing consequential relief to the appellants. Case-Laws Customs Thu, 18 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244967