https://www.taxtmi.com/caselaws?id=46430 A factual finding of mis-declaration in customs valuation was upheld where the record showed a substantial discrepancy between the declared and assessed value of imported goods, and no basis was found to interfere with confiscation. The revisional authority's partial relief by reducing redemption fine and penalty was sustained and further moderated, but the core mis-declaration finding remained intact. The request for re-export was rejected because the provision relied upon was held inapplicable on the facts. The operative effect was limited relief on the quantum of fine and penalty, without disturbing the substantive customs findings. en-us Wed, 27 Sep 2000 00:00:00 +0530 Sat, 17 Jul 2010 18:25:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46430 A factual finding of mis-declaration in customs valuation was upheld where the record showed a substantial discrepancy between the declared and assessed value of imported goods, and no basis was found to interfere with confiscation. The revisional authority's partial relief by reducing redemption fine and penalty was sustained and further moderated, but the core mis-declaration finding remained intact. The request for re-export was rejected because the provision relied upon was held inapplicable on the facts. The operative effect was limited relief on the quantum of fine and penalty, without disturbing the substantive customs findings. Case-Laws Customs Wed, 27 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46430