1999 (3) TMI 208 - AT - Customs

Summary

The appellant imported "WordStar 6.0" software from Singapore at US $25 per set. Custom House proposed US $163 per set based on a magazine's price. Additional Collector confirmed valuation at US $163, imposed duty, and penalty of Rs. 25,000. Tribunal found no confiscation, appellant not liable to pay duty, penalty set aside.