https://www.taxtmi.com/caselaws?id=441382 The Tribunal held that the enhancement of the declared value of imported goods was not legally sustainable due to lack of detailed commercial information for comparison. The Tribunal also found the penalties imposed for undervaluation to be disproportionately high and unjustified, as there was no evidence of mis-declaration or fraudulent activity. Consequently, the impugned order was set aside, and the appeal was allowed with consequential relief. en-us Thu, 03 Aug 2023 00:00:00 +0530 Tue, 08 Aug 2023 07:27:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441382 The Tribunal held that the enhancement of the declared value of imported goods was not legally sustainable due to lack of detailed commercial information for comparison. The Tribunal also found the penalties imposed for undervaluation to be disproportionately high and unjustified, as there was no evidence of mis-declaration or fraudulent activity. Consequently, the impugned order was set aside, and the appeal was allowed with consequential relief. Case-Laws Customs Thu, 03 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441382