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Customs - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

Import of high end luxury cars from various foreign suppliers by ...

Customs

November 18, 2015

Import of high end luxury cars from various foreign suppliers by mis-declaring as new - Undervaluation of goods - Appellant is a subsequent purchase of the car - the contention that valuation of the car and that the car is not an old car is not acceptable - redemption fine reduced to ₹ 5 lakhs - penalties set aside - AT

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