Importer Over-Declared Value Due to Supplier Error; Tribunal Overturns Confiscation and Penalties, No Deception Found.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Confiscation of goods - Redemption fine - Imposition of penalty - Valuation dispute - The case involved the importation of machinery where the foreign supplier mistakenly shipped an incorrect quantity of machines. The appellant declared the assessable value based on the purchase order without knowledge of the error. The Tribunal noted that the importer had no knowledge of the mistake and had actually over-declared the assessable value, indicating no intention to deceive. Therefore, it overturned the confiscation of goods, redemption fine, and penalty imposed.....