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Importer Penalized for Under-Invoicing Viscose Filament Yarn; Declared Value Rejected, Demand Confirmed, Penalty and Fine Reduced.

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....Valuation of imported goods - Viscose Filament Yarn (VFY) - under-invoicing by misdeclaring the value - rejection of declared value - Demand confirmed - levy of penalty and redemption fine confirmed though reduced.....

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