Goods imported in violation of ITC(HS) Import policy and also undervalued are liable to confiscation

Aggarwal Traders Vs Commissioner of Customs (CESTAT Delhi) CESTAT Delhi held that imported goods are liable to confiscation under section 111 of the Customs Act as restricted goods are imported in violation of the provisions of ITC(HS) Import Policy and the goods were not correctly valued. Facts- The appellant has filed this appeal to assail the order passed by the Commissioner of Customs (Appeals) by which the orderpassed by the Additional Commissioner of Customs rejecting the declared assessable value of the goods and re-determining the same and ordering for confiscation of the goods with an...