https://www.taxtmi.com/caselaws?id=351070 The appeal was dismissed, affirming duty enhancement due to non-inclusion of conversion cost in declared value, violation of import licensing conditions, undervaluation, and imposition of redemption fine and penalty. The judgment stressed the importance of imposing appropriate fines and penalties in cases of misdeclarations to deter evasion, leaving the determination of specific amounts to the Chief Commissioner of Customs for consistent enforcement. en-us Mon, 17 Apr 2017 00:00:00 +0530 Sat, 18 Nov 2017 13:28:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351070 The appeal was dismissed, affirming duty enhancement due to non-inclusion of conversion cost in declared value, violation of import licensing conditions, undervaluation, and imposition of redemption fine and penalty. The judgment stressed the importance of imposing appropriate fines and penalties in cases of misdeclarations to deter evasion, leaving the determination of specific amounts to the Chief Commissioner of Customs for consistent enforcement. Case-Laws Customs Mon, 17 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351070