https://www.taxtmi.com/highlights?id=70006 Imposition of Redemption Fine and Penalty disproportionately - Valuation of imported goods - Taking note of the fact that as per the impugned order itself if it is a case of undervaluation, undervaluation is only of Rs. 86,541/-. Redemption filed of Rs. 20 Lakhs needs to be reduced consequently - the same is reduced to Rs. 50,000/-. - AT en-us Mon, 29 May 2023 09:06:39 +0530 Mon, 29 May 2023 09:06:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=70006 Imposition of Redemption Fine and Penalty disproportionately - Valuation of imported goods - Taking note of the fact that as per the impugned order itself if it is a case of undervaluation, undervaluation is only of Rs. 86,541/-. Redemption filed of Rs. 20 Lakhs needs to be reduced consequently - the same is reduced to Rs. 50,000/-. - AT Highlights Customs Mon, 29 May 2023 09:06:39 +0530 https://www.taxtmi.com/highlights?id=70006