https://www.taxtmi.com/caselaws?id=440976 The Commissioner of Customs held that the declaration as 'old and used' was a technical irregularity, finding no duty liability for undervaluation of imported goods involving a barge towed by a tug. The Tribunal upheld the Commissioner's decision, dismissing the Revenue's appeal on the application of Customs Valuation Rules. No penalties were imposed due to the absence of misdeclaration in the import, leading to the dismissal of the Revenue's appeal for lack of merit. en-us Thu, 13 Jul 2023 00:00:00 +0530 Sun, 30 Jul 2023 17:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440976 The Commissioner of Customs held that the declaration as 'old and used' was a technical irregularity, finding no duty liability for undervaluation of imported goods involving a barge towed by a tug. The Tribunal upheld the Commissioner's decision, dismissing the Revenue's appeal on the application of Customs Valuation Rules. No penalties were imposed due to the absence of misdeclaration in the import, leading to the dismissal of the Revenue's appeal for lack of merit. Case-Laws Customs Thu, 13 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440976