https://www.taxtmi.com/caselaws?id=89620 Gross misdeclaration of export quantity in shipping bills was treated as a breach that brought the goods within the category of prohibited goods under the customs and export control framework, so confiscation, redemption fine, and penalty were upheld. Penalty on earlier shipping bills was set aside because later discrepancies created suspicion only, and no independent evidence such as buyer complaints or reduced remittances proved defect in those exports. For excess imported cotton yarn covered by an exemption allowing use in export production or re-export within one year, immediate duty demand and confiscation were premature, so those actions were set aside subject to re-export or duty payment within the period granted. en-us Fri, 23 Oct 1998 00:00:00 +0530 Wed, 28 Sep 2011 15:01:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89620 Gross misdeclaration of export quantity in shipping bills was treated as a breach that brought the goods within the category of prohibited goods under the customs and export control framework, so confiscation, redemption fine, and penalty were upheld. Penalty on earlier shipping bills was set aside because later discrepancies created suspicion only, and no independent evidence such as buyer complaints or reduced remittances proved defect in those exports. For excess imported cotton yarn covered by an exemption allowing use in export production or re-export within one year, immediate duty demand and confiscation were premature, so those actions were set aside subject to re-export or duty payment within the period granted. Case-Laws Customs Fri, 23 Oct 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89620