https://www.taxtmi.com/caselaws?id=446511 Imports of old and used digital multifunction printers covered by bills of lading preceding the relevant cut-off date were freely importable and did not require a specific licence or permission. Declared import value cannot be rejected solely because a Chartered Engineer's certificate suggests enhancement; independent corroborative evidence of deliberate undervaluation or misdeclaration is required. Consequently, confiscation, redemption fine and penalty were unsustainable where the import was permissible and the declared description, quantity and value lacked contrary supporting evidence. en-us Fri, 01 Dec 2023 00:00:00 +0530 Fri, 15 Dec 2023 18:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446511 Imports of old and used digital multifunction printers covered by bills of lading preceding the relevant cut-off date were freely importable and did not require a specific licence or permission. Declared import value cannot be rejected solely because a Chartered Engineer's certificate suggests enhancement; independent corroborative evidence of deliberate undervaluation or misdeclaration is required. Consequently, confiscation, redemption fine and penalty were unsustainable where the import was permissible and the declared description, quantity and value lacked contrary supporting evidence. Case-Laws Customs Fri, 01 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446511