https://www.taxtmi.com/caselaws?id=53685 The Tribunal partly allowed the appeal by upholding the determination of value based on LME prices and confirming the confiscation of goods for mis-declaration and non-compliance with import regulations. However, the penalty imposed under Section 112(a) of the Customs Act was set aside due to procedural irregularities, specifically the lack of proper notice to the appellant. The judgment emphasizes the importance of accurate declarations, adherence to import regulations, and the necessity of providing proper notice before imposing penalties. en-us Tue, 12 Oct 2004 00:00:00 +0530 Thu, 14 Oct 2010 16:12:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53685 The Tribunal partly allowed the appeal by upholding the determination of value based on LME prices and confirming the confiscation of goods for mis-declaration and non-compliance with import regulations. However, the penalty imposed under Section 112(a) of the Customs Act was set aside due to procedural irregularities, specifically the lack of proper notice to the appellant. The judgment emphasizes the importance of accurate declarations, adherence to import regulations, and the necessity of providing proper notice before imposing penalties. Case-Laws Customs Tue, 12 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53685