https://www.taxtmi.com/caselaws?id=342912 The Tribunal dismissed both appeals, affirming the assessable values arrived at by the original authority and upholding the penalties imposed under the Customs Act. The judgment emphasized the significance of adhering to proper valuation procedures and the repercussions of under-valuation in import transactions. en-us Wed, 12 Apr 2017 00:00:00 +0530 Fri, 17 Nov 2017 15:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342912 The Tribunal dismissed both appeals, affirming the assessable values arrived at by the original authority and upholding the penalties imposed under the Customs Act. The judgment emphasized the significance of adhering to proper valuation procedures and the repercussions of under-valuation in import transactions. Case-Laws Customs Wed, 12 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342912