https://www.taxtmi.com/caselaws?id=72282 Exporters must disclose the value, sort, specification, quality and description of goods in shipping documents under the export control and foreign exchange regime. Where those particulars are not properly stated and the consignment is graded and priced by measurable characteristics, undervaluation may be proved through market enquiries, comparable export prices, local market prices, expert opinion and departmental valuation. On the record, the exporter did not effectively challenge that evidence or seek cross-examination, and the surrounding circumstances supported mens rea. Misdeclaration and undervaluation were therefore established, and confiscation, redemption fine and penalty were upheld. en-us Fri, 04 Oct 1985 00:00:00 +0530 Wed, 18 May 2011 11:39:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72282 Exporters must disclose the value, sort, specification, quality and description of goods in shipping documents under the export control and foreign exchange regime. Where those particulars are not properly stated and the consignment is graded and priced by measurable characteristics, undervaluation may be proved through market enquiries, comparable export prices, local market prices, expert opinion and departmental valuation. On the record, the exporter did not effectively challenge that evidence or seek cross-examination, and the surrounding circumstances supported mens rea. Misdeclaration and undervaluation were therefore established, and confiscation, redemption fine and penalty were upheld. Case-Laws Customs Fri, 04 Oct 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72282