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    <title>2017 (9) TMI 1503 - CESTAT CHENNAI</title>
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    <description>The Tribunal partially allowed the appeals, requiring duty payment based on the first Chartered Engineer&#039;s valuation of imported goods. It revoked the redemption fine and penalties imposed on the appellants, as the enhanced valuation by the second Chartered Engineer was deemed unjustified due to delays and discrepancies in the inspection process. The goods were not considered restricted items during the import period, leading to the decision to set aside the additional financial penalties.</description>
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      <description>The Tribunal partially allowed the appeals, requiring duty payment based on the first Chartered Engineer&#039;s valuation of imported goods. It revoked the redemption fine and penalties imposed on the appellants, as the enhanced valuation by the second Chartered Engineer was deemed unjustified due to delays and discrepancies in the inspection process. The goods were not considered restricted items during the import period, leading to the decision to set aside the additional financial penalties.</description>
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