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Customs - Highlights / Catch Notes

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Valuation - Export of Carpets and threading bars - ...


Tribunal Rules Carpets Misdeclared, Confiscated; Threading Bars Cleared; Fine and Penalty Partially Reduced.

May 6, 2024

Case Laws     Customs     AT

Valuation - Export of Carpets and threading bars - Mis-declaration of description and value - The Tribunal found that while the carpets were misdeclared and subject to confiscation, the threading bars were not misdeclared. The redetermined value was set aside due to lack of evidence from the department to counter procurement documents provided by the respondent. The reduction of redemption fine and penalty was partially upheld considering the admitted misdeclaration by the respondent.

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