https://www.taxtmi.com/caselaws?id=53396 The Tribunal set aside the impugned order, ruling in favor of the appellants. The seizure by the Air Intelligence Unit was deemed premature and without jurisdiction, leading to the clearance of parcels on payment of appropriate duty. The Commissioner's findings on misdeclaration and undervaluation were not supported by substantial evidence, resulting in the rejection of penalties and confiscation under the Customs Act. The Tribunal emphasized the importance of following proper procedures and upheld the declared transaction values for the imported goods. en-us Fri, 30 Jul 2004 00:00:00 +0530 Wed, 13 Oct 2010 12:05:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53396 The Tribunal set aside the impugned order, ruling in favor of the appellants. The seizure by the Air Intelligence Unit was deemed premature and without jurisdiction, leading to the clearance of parcels on payment of appropriate duty. The Commissioner's findings on misdeclaration and undervaluation were not supported by substantial evidence, resulting in the rejection of penalties and confiscation under the Customs Act. The Tribunal emphasized the importance of following proper procedures and upheld the declared transaction values for the imported goods. Case-Laws Customs Fri, 30 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53396