https://www.taxtmi.com/caselaws?id=444139 The Tribunal set aside the valuation of Natural Rough Emerald and the redemption fine imposed, finding the Government-approved valuer's assessment acceptable. It also ruled in favor of the appellant regarding the imposition of a redemption fine on Natural Rough Diamond, allowing re-export without penalty due to lack of evidence of deliberate mis-declaration or smuggling. The Tribunal held that no penalty or fine was warranted, ultimately allowing the appeal. en-us Mon, 09 Oct 2023 00:00:00 +0530 Tue, 10 Oct 2023 08:30:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444139 The Tribunal set aside the valuation of Natural Rough Emerald and the redemption fine imposed, finding the Government-approved valuer's assessment acceptable. It also ruled in favor of the appellant regarding the imposition of a redemption fine on Natural Rough Diamond, allowing re-export without penalty due to lack of evidence of deliberate mis-declaration or smuggling. The Tribunal held that no penalty or fine was warranted, ultimately allowing the appeal. Case-Laws Customs Mon, 09 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444139