https://www.taxtmi.com/caselaws?id=335182 Declared import value was rejected where Departmental material supported enhanced valuation and the importer failed to rebut application of Rule 4(1) of the Customs Valuation Rules, 1998; confiscation, duty on the enhanced value, and the penalty for misdeclaration were sustained. The redemption fine was found excessive on the record and was reduced, while the personal penalty on the individual appellant was maintained because misdeclaration and his role as power of attorney holder were established. en-us Tue, 20 Sep 2016 00:00:00 +0530 Mon, 28 Nov 2016 11:21:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335182 Declared import value was rejected where Departmental material supported enhanced valuation and the importer failed to rebut application of Rule 4(1) of the Customs Valuation Rules, 1998; confiscation, duty on the enhanced value, and the penalty for misdeclaration were sustained. The redemption fine was found excessive on the record and was reduced, while the personal penalty on the individual appellant was maintained because misdeclaration and his role as power of attorney holder were established. Case-Laws Customs Tue, 20 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335182