Importer Penalized for Under-Invoicing Viscose Filament Yarn; Declared Value Rejected, Demand Confirmed, Penalty and Fine Reduced. https://www.taxtmi.com/highlights?id=41798 Valuation of imported goods - Viscose Filament Yarn (VFY) - under-invoicing by misdeclaring the value - rejection of declared value - Demand confirmed - levy of penalty and redemption fine confirmed though reduced. en-us Wed, 03 Oct 2018 13:32:58 +0530 Wed, 03 Oct 2018 13:32:58 +0530 TaxTMI RSS Generator Importer Penalized for Under-Invoicing Viscose Filament Yarn; Declared Value Rejected, Demand Confirmed, Penalty and Fine Reduced. https://www.taxtmi.com/highlights?id=41798 Valuation of imported goods - Viscose Filament Yarn (VFY) - under-invoicing by misdeclaring the value - rejection of declared value - Demand confirmed - levy of penalty and redemption fine confirmed though reduced. Highlights Customs Wed, 03 Oct 2018 13:32:58 +0530 https://www.taxtmi.com/highlights?id=41798