https://www.taxtmi.com/caselaws?id=781816 Misdeclaration, undervaluation and corroborated overseas export declarations can justify rejection of the declared transaction value, redetermination under valuation rules, and invocation of the extended limitation period where collusion, wilful misstatement or suppression of facts is established. In customs adjudication, cross-examination is not an absolute right; the proceedings will not be vitiated where the noticee received relied-upon documents, opportunities to be heard, and no specific prejudice from denial is shown. Participation in or facilitation of wrongful clearance of misdeclared goods may sustain confiscation-related penalty exposure, although penalty quantum can be reduced on the facts. en-us Wed, 02 Jul 2025 00:00:00 +0530 Thu, 20 Nov 2025 11:09:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781816 Misdeclaration, undervaluation and corroborated overseas export declarations can justify rejection of the declared transaction value, redetermination under valuation rules, and invocation of the extended limitation period where collusion, wilful misstatement or suppression of facts is established. In customs adjudication, cross-examination is not an absolute right; the proceedings will not be vitiated where the noticee received relied-upon documents, opportunities to be heard, and no specific prejudice from denial is shown. Participation in or facilitation of wrongful clearance of misdeclared goods may sustain confiscation-related penalty exposure, although penalty quantum can be reduced on the facts. Case-Laws Customs Wed, 02 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781816