https://www.taxtmi.com/caselaws?id=184170 The Tribunal allowed the appeal, setting aside the confiscation of goods and penalties imposed under the Customs Act. The importers' declaration using a non-prescribed agency's Pre-shipment Inspection Certificate led to the rejection of the declared value, increasing it to USD 270 PMT. Despite paying duty on the enhanced value, the confiscation and penalties were challenged. Relying on legal precedents, the Tribunal ruled in favor of the importers, emphasizing that confiscation and penalties are not justified when the goods do not contain prohibited items, ultimately leading to the appeal's success. en-us Fri, 16 Oct 2009 00:00:00 +0530 Wed, 07 Jun 2017 11:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=184170 The Tribunal allowed the appeal, setting aside the confiscation of goods and penalties imposed under the Customs Act. The importers' declaration using a non-prescribed agency's Pre-shipment Inspection Certificate led to the rejection of the declared value, increasing it to USD 270 PMT. Despite paying duty on the enhanced value, the confiscation and penalties were challenged. Relying on legal precedents, the Tribunal ruled in favor of the importers, emphasizing that confiscation and penalties are not justified when the goods do not contain prohibited items, ultimately leading to the appeal's success. Case-Laws Customs Fri, 16 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=184170