https://www.taxtmi.com/caselaws?id=764297 CESTAT New Delhi dismissed the appeal in a customs duty recovery case involving undervaluation of imported automotive windshields. The appellant maintained dual invoices - actual higher-value invoices and lower-value invoices presented to customs for assessment. During investigation, the department recovered evidence through search and seizure operations revealing the manipulation scheme. The Tribunal rejected the appellant's claim of natural justice violation, noting the appellant evaded investigation despite multiple summons. The declared value was properly rejected under Rule 12 of CVR 2007 due to fraudulent suppression of actual transaction value. Penalties under sections 114(A) and 114(AA) were upheld, confirming the department's case of conspiracy and undervaluation. en-us Mon, 06 Jan 2025 00:00:00 +0530 Tue, 07 Jan 2025 15:39:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764297 CESTAT New Delhi dismissed the appeal in a customs duty recovery case involving undervaluation of imported automotive windshields. The appellant maintained dual invoices - actual higher-value invoices and lower-value invoices presented to customs for assessment. During investigation, the department recovered evidence through search and seizure operations revealing the manipulation scheme. The Tribunal rejected the appellant's claim of natural justice violation, noting the appellant evaded investigation despite multiple summons. The declared value was properly rejected under Rule 12 of CVR 2007 due to fraudulent suppression of actual transaction value. Penalties under sections 114(A) and 114(AA) were upheld, confirming the department's case of conspiracy and undervaluation. Case-Laws Customs Mon, 06 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764297