https://www.taxtmi.com/caselaws?id=351762 The Tribunal upheld the decision of the lower authorities in a case involving the import of restricted goods without a proper license and undervaluation of imported goods. The appellants failed to provide sufficient evidence to support the declared value, leading to the confiscation of the goods under the Customs Act, 1962. The Tribunal agreed with the department's assessment and dismissed the appeal, concluding that the lower authorities correctly applied the Customs Valuation Rules 2007. en-us Fri, 11 Aug 2017 00:00:00 +0530 Fri, 01 Dec 2017 08:09:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351762 The Tribunal upheld the decision of the lower authorities in a case involving the import of restricted goods without a proper license and undervaluation of imported goods. The appellants failed to provide sufficient evidence to support the declared value, leading to the confiscation of the goods under the Customs Act, 1962. The Tribunal agreed with the department's assessment and dismissed the appeal, concluding that the lower authorities correctly applied the Customs Valuation Rules 2007. Case-Laws Customs Fri, 11 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351762