https://www.taxtmi.com/caselaws?id=343122 The tribunal upheld the enhanced value of imported goods due to mis-declaration of branded items, leading to confiscation with an option for redemption on payment of a fine. The appellant's claim of receiving branded goods by mistake was dismissed for lack of evidence. Despite paying duty, fine, and penalty, the tribunal affirmed the valuation determined by authorities. The redemption fine was reduced to align with the differential duty, while the penalty remained unchanged under the Customs Act. The appeal was mostly rejected, except for the reduction in the redemption fine based on confirmed differential duty. en-us Mon, 03 Apr 2017 00:00:00 +0530 Sat, 03 Feb 2018 15:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343122 The tribunal upheld the enhanced value of imported goods due to mis-declaration of branded items, leading to confiscation with an option for redemption on payment of a fine. The appellant's claim of receiving branded goods by mistake was dismissed for lack of evidence. Despite paying duty, fine, and penalty, the tribunal affirmed the valuation determined by authorities. The redemption fine was reduced to align with the differential duty, while the penalty remained unchanged under the Customs Act. The appeal was mostly rejected, except for the reduction in the redemption fine based on confirmed differential duty. Case-Laws Customs Mon, 03 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343122