https://www.taxtmi.com/caselaws?id=348257 The Tribunal upheld the re-assessment of value for imported goods, confirmed the reduction of fines and penalties, and dismissed the appeals due to the appellant's failure to provide substantial evidence supporting their claims. The Commissioner (Appeals) adequately addressed the penalties and fines imposed under the Customs Act, 1962, based on the violation of import policies and lack of proper market enquiry. The appellant's waiver of the right to show cause notice and hearing hindered their argument against the valuation, leading to the dismissal of the appeals for lack of merit. en-us Tue, 22 Aug 2017 00:00:00 +0530 Tue, 19 Sep 2017 10:21:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348257 The Tribunal upheld the re-assessment of value for imported goods, confirmed the reduction of fines and penalties, and dismissed the appeals due to the appellant's failure to provide substantial evidence supporting their claims. The Commissioner (Appeals) adequately addressed the penalties and fines imposed under the Customs Act, 1962, based on the violation of import policies and lack of proper market enquiry. The appellant's waiver of the right to show cause notice and hearing hindered their argument against the valuation, leading to the dismissal of the appeals for lack of merit. Case-Laws Customs Tue, 22 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348257