https://www.taxtmi.com/caselaws?id=166711 The tribunal partly allowed the appeal, directing the goods to be assessed based on the declared value for duty purposes. However, it upheld the confiscation of the goods for contravention of Import Trade Control (ITC) Regulations and maintained the redemption fine of Rs. 70,000/- imposed by the Additional Collector. en-us Mon, 21 Nov 1983 00:00:00 +0530 Sat, 01 Nov 2014 11:09:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166711 The tribunal partly allowed the appeal, directing the goods to be assessed based on the declared value for duty purposes. However, it upheld the confiscation of the goods for contravention of Import Trade Control (ITC) Regulations and maintained the redemption fine of Rs. 70,000/- imposed by the Additional Collector. Case-Laws Customs Mon, 21 Nov 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166711