https://www.taxtmi.com/caselaws?id=787142 Mis-declaration of description, quantity and value permits rejection of the declared assessable value and redetermination of value; remeasurement and supplier/export documentation were used to establish actual quantity and nature, and the declared value was unsupported by corroborative purchase evidence, so value redetermination is upheld for both gypsum boards and fabrics. Mis-declaration also attracts statutory confiscation, which is affirmed. Monetary sanctions were adjusted for proportionality on the factual matrix and documentary inconsistencies: redemption fine reduced and a specific penalty reduced while other penalties were set aside; the appeal is partly allowed only on those reductions. en-us Thu, 26 Feb 2026 00:00:00 +0530 Fri, 27 Feb 2026 08:36:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787142 Mis-declaration of description, quantity and value permits rejection of the declared assessable value and redetermination of value; remeasurement and supplier/export documentation were used to establish actual quantity and nature, and the declared value was unsupported by corroborative purchase evidence, so value redetermination is upheld for both gypsum boards and fabrics. Mis-declaration also attracts statutory confiscation, which is affirmed. Monetary sanctions were adjusted for proportionality on the factual matrix and documentary inconsistencies: redemption fine reduced and a specific penalty reduced while other penalties were set aside; the appeal is partly allowed only on those reductions. Case-Laws Customs Thu, 26 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787142