https://www.taxtmi.com/caselaws?id=34726 The Tribunal upheld the appellant's argument on the declared value of the imported car, setting aside the enhancement based on Parker's Car Book. However, non-compliance with the Import Export Policy led to the confiscation of the car, with reduced fines and penalties. The appeal was disposed of accordingly, emphasizing the importance of accurate valuation and compliance with import regulations. en-us Thu, 16 Apr 2009 00:00:00 +0530 Tue, 13 Oct 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34726 The Tribunal upheld the appellant's argument on the declared value of the imported car, setting aside the enhancement based on Parker's Car Book. However, non-compliance with the Import Export Policy led to the confiscation of the car, with reduced fines and penalties. The appeal was disposed of accordingly, emphasizing the importance of accurate valuation and compliance with import regulations. Case-Laws Customs Thu, 16 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34726