https://www.taxtmi.com/caselaws?id=268008 The appellate tribunal upheld the value loading of imported goods based on misdeclaration for pecuniary advantages, considering test results and contemporaneous import values. It found the redemption fine appropriate for goods liable for confiscation under the Customs Act, 1962. Differential duty demand and penalties were upheld due to misdeclaration. Penalties were imposed on involved individuals, differentiated based on their roles. The tribunal noted insufficient evidence for value loading and unsustainable enhancement of value based on statements of indenters without inculpatory statements or support from import values. The impugned order was set aside, and the appeals were allowed. en-us Wed, 02 Sep 2015 00:00:00 +0530 Wed, 04 May 2016 16:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268008 The appellate tribunal upheld the value loading of imported goods based on misdeclaration for pecuniary advantages, considering test results and contemporaneous import values. It found the redemption fine appropriate for goods liable for confiscation under the Customs Act, 1962. Differential duty demand and penalties were upheld due to misdeclaration. Penalties were imposed on involved individuals, differentiated based on their roles. The tribunal noted insufficient evidence for value loading and unsustainable enhancement of value based on statements of indenters without inculpatory statements or support from import values. The impugned order was set aside, and the appeals were allowed. Case-Laws Customs Wed, 02 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268008