https://www.taxtmi.com/caselaws?id=776823 CESTAT held that software preloaded/etched into imported portable navigation systems must be included in the assessable value, affirming differential customs duty with interest. Relying on Larger Bench and SC precedent, the Tribunal found no merit in segregating software value where licence keys were already embedded; confiscation for misdeclaration was upheld. Penalties were confirmed but reduced as excessive: director-level penalties lowered to Rs.1,00,000 each. Appeal disposed. en-us Mon, 18 Aug 2025 00:00:00 +0530 Wed, 20 Aug 2025 08:34:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776823 CESTAT held that software preloaded/etched into imported portable navigation systems must be included in the assessable value, affirming differential customs duty with interest. Relying on Larger Bench and SC precedent, the Tribunal found no merit in segregating software value where licence keys were already embedded; confiscation for misdeclaration was upheld. Penalties were confirmed but reduced as excessive: director-level penalties lowered to Rs.1,00,000 each. Appeal disposed. Case-Laws Customs Mon, 18 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776823