https://www.taxtmi.com/caselaws?id=364570 Where a pre-existing licence fee was payable in relation to imported goods, and the importer failed to show that the courier was unauthorised or that the import documents were filed without its knowledge, the undisclosed amount was treated as includible in assessable value. The resulting misdeclaration justified rejection of the declared value and confiscation of the goods. However, because the duty impact from the enhanced value was limited on the facts, the redemption fine and penalty were moderated. The document emphasises the importer's duty to ensure accurate disclosure in import documentation and the fact-sensitive nature of monetary consequences in valuation disputes. en-us Thu, 12 Jul 2018 00:00:00 +0530 Wed, 01 Aug 2018 06:49:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364570 Where a pre-existing licence fee was payable in relation to imported goods, and the importer failed to show that the courier was unauthorised or that the import documents were filed without its knowledge, the undisclosed amount was treated as includible in assessable value. The resulting misdeclaration justified rejection of the declared value and confiscation of the goods. However, because the duty impact from the enhanced value was limited on the facts, the redemption fine and penalty were moderated. The document emphasises the importer's duty to ensure accurate disclosure in import documentation and the fact-sensitive nature of monetary consequences in valuation disputes. Case-Laws Customs Thu, 12 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364570