https://www.taxtmi.com/caselaws?id=166679 The Tribunal upheld the Collector of Customs' power to consider new material in exercising authority under Section 130(2) of the Customs Act. The validity of a price list for reassessment was confirmed, as appellants failed to provide contrary evidence. Allegations of mis-declaration and undervaluation were supported by the Tribunal due to appellants' conduct. Penalties imposed for customs duty evasion were upheld, with the Tribunal finding no breach of natural justice. Both appeals were dismissed, affirming the Collector's orders and penalties imposed. en-us Wed, 25 May 1983 00:00:00 +0530 Thu, 30 Oct 2014 15:56:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166679 The Tribunal upheld the Collector of Customs' power to consider new material in exercising authority under Section 130(2) of the Customs Act. The validity of a price list for reassessment was confirmed, as appellants failed to provide contrary evidence. Allegations of mis-declaration and undervaluation were supported by the Tribunal due to appellants' conduct. Penalties imposed for customs duty evasion were upheld, with the Tribunal finding no breach of natural justice. Both appeals were dismissed, affirming the Collector's orders and penalties imposed. Case-Laws Customs Wed, 25 May 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166679