https://www.taxtmi.com/caselaws?id=268211 Used tyres that are directly reusable and do not fall within the relevant hazardous-waste entries were not treated as requiring prior Ministry of Environment and Forests permission, so absolute confiscation and re-export on that basis were set aside. The declared assessable value was, however, rejected and validly re-determined under the customs valuation rules, with undervaluation supporting confiscation for misdeclaration. As the goods were not liable to absolute confiscation and had remained detained for a long period, redemption was allowed on fine at 15% of the re-determined value and penalty at 10% of that value. en-us Wed, 08 Apr 2015 00:00:00 +0530 Sat, 13 Feb 2016 11:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268211 Used tyres that are directly reusable and do not fall within the relevant hazardous-waste entries were not treated as requiring prior Ministry of Environment and Forests permission, so absolute confiscation and re-export on that basis were set aside. The declared assessable value was, however, rejected and validly re-determined under the customs valuation rules, with undervaluation supporting confiscation for misdeclaration. As the goods were not liable to absolute confiscation and had remained detained for a long period, redemption was allowed on fine at 15% of the re-determined value and penalty at 10% of that value. Case-Laws Customs Wed, 08 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268211