https://www.taxtmi.com/caselaws?id=50995 The Tribunal set aside the demand for differential duty and penalties imposed by the Commissioner of Customs, ruling in favor of the appellants. The Department failed to prove under-valuation of imported goods, with evidence such as telex messages and statements being deemed insufficient. The Tribunal emphasized the Department's burden of proof under Section 14 of the Customs Act, ultimately accepting the declared value for assessment purposes. The impugned order was nullified, and the penalties were revoked, granting consequential reliefs to the appellants. en-us Wed, 18 Jul 2001 00:00:00 +0530 Tue, 21 Sep 2010 12:24:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50995 The Tribunal set aside the demand for differential duty and penalties imposed by the Commissioner of Customs, ruling in favor of the appellants. The Department failed to prove under-valuation of imported goods, with evidence such as telex messages and statements being deemed insufficient. The Tribunal emphasized the Department's burden of proof under Section 14 of the Customs Act, ultimately accepting the declared value for assessment purposes. The impugned order was nullified, and the penalties were revoked, granting consequential reliefs to the appellants. Case-Laws Customs Wed, 18 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50995