https://www.taxtmi.com/caselaws?id=34507 The Tribunal upheld the mis-declaration of imported goods but revised the valuation of certain items based on the second statement provided. It set aside a redemption fine and revised duty liability, leading to a reduction in penalties imposed on the appellant from Rs. 20 lakhs to Rs. 5 lakhs. en-us Tue, 18 Nov 2008 00:00:00 +0530 Mon, 07 Sep 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34507 The Tribunal upheld the mis-declaration of imported goods but revised the valuation of certain items based on the second statement provided. It set aside a redemption fine and revised duty liability, leading to a reduction in penalties imposed on the appellant from Rs. 20 lakhs to Rs. 5 lakhs. Case-Laws Customs Tue, 18 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34507