https://www.taxtmi.com/caselaws?id=435421 The Tribunal found that the relationship between OMIFCO, KRIBHCO, and the Government of India did not influence the import price. The Tribunal set aside the impugned orders, allowed the appeal, and dismissed the revenue's appeal seeking to impose a redemption fine. Charges of misdeclaration and undervaluation were deemed unsustainable, and the differential duty demand, interest, and penalties were set aside. en-us Fri, 17 Mar 2023 00:00:00 +0530 Mon, 20 Mar 2023 08:33:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435421 The Tribunal found that the relationship between OMIFCO, KRIBHCO, and the Government of India did not influence the import price. The Tribunal set aside the impugned orders, allowed the appeal, and dismissed the revenue's appeal seeking to impose a redemption fine. Charges of misdeclaration and undervaluation were deemed unsustainable, and the differential duty demand, interest, and penalties were set aside. Case-Laws Customs Fri, 17 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435421