Importer Used Parallel Invoicing to Undervalue Windshields, Evade Duty; Goods Confiscated and Penalties Imposed.

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....Appellant imported automotive windshields. Investigation revealed parallel invoices - one with actual higher valuation and another with suppressed lower valuation presented to customs for assessment to evade duty. Declared transaction value rejected as per CVR 2007 Rule 12. Undervaluation and misdeclaration established. Goods liable for confiscation u/s 111(m). Penalties u/ss 114(A) and 114(AA) upheld. No violation of natural justice. CESTAT dismissed appeal.....