https://www.taxtmi.com/highlights?id=63027 Recovery of differential duty - Levy of penalty u/s 112 and section 114AA of Customs Act, 1962 - Confiscation of used Cranes - Reliance on statements alone is too fragile a foundation to build a case of undervaluation; such depositions are reliable only with corroborative support. In the absence of corroboration, test of cross-examination is of essence, as mandated by section 138B of Customs Act, 1962, for relevancy.- AT en-us Thu, 21 Apr 2022 08:32:35 +0530 Thu, 21 Apr 2022 08:32:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=63027 Recovery of differential duty - Levy of penalty u/s 112 and section 114AA of Customs Act, 1962 - Confiscation of used Cranes - Reliance on statements alone is too fragile a foundation to build a case of undervaluation; such depositions are reliable only with corroborative support. In the absence of corroboration, test of cross-examination is of essence, as mandated by section 138B of Customs Act, 1962, for relevancy.- AT Highlights Customs Thu, 21 Apr 2022 08:32:35 +0530 https://www.taxtmi.com/highlights?id=63027