https://www.taxtmi.com/caselaws?id=34879 The tribunal ruled in favor of the Revenue regarding the valuation of imports, upholding that the entire value of Fixed Wireless Telephones (FWTs), including software, should be assessed for customs duty. Penalties were upheld for intentional evasion of customs duty by certain appellants, while penalties on foreign suppliers were set aside as the value splitting was at the importers' behest. Penalties on individual appellants were reduced. Some appeals were rejected, some modified, and others allowed. The decision was pronounced on 9-7-2008. en-us Wed, 09 Jul 2008 00:00:00 +0530 Fri, 06 Nov 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34879 The tribunal ruled in favor of the Revenue regarding the valuation of imports, upholding that the entire value of Fixed Wireless Telephones (FWTs), including software, should be assessed for customs duty. Penalties were upheld for intentional evasion of customs duty by certain appellants, while penalties on foreign suppliers were set aside as the value splitting was at the importers' behest. Penalties on individual appellants were reduced. Some appeals were rejected, some modified, and others allowed. The decision was pronounced on 9-7-2008. Case-Laws Customs Wed, 09 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34879