https://www.taxtmi.com/caselaws?id=93013 Over-invoicing in an export declaration was treated as distinct from under-invoicing and from cases involving incorrect particulars in declarations under earlier foreign exchange law. The Tribunal held that over-invoicing by itself does not constitute an offence under Section 18(1)(a) of the Foreign Exchange Regulation Act, 1973. As no foreign exchange offence was made out, the deeming provision in Section 67 of that Act did not convert the conduct into a prohibition under Section 11 of the Customs Act, 1962. Confiscation of goods and the penalty imposed under the Customs Act were therefore unsustainable. en-us Wed, 11 Aug 1999 00:00:00 +0530 Mon, 07 Nov 2011 16:46:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93013 Over-invoicing in an export declaration was treated as distinct from under-invoicing and from cases involving incorrect particulars in declarations under earlier foreign exchange law. The Tribunal held that over-invoicing by itself does not constitute an offence under Section 18(1)(a) of the Foreign Exchange Regulation Act, 1973. As no foreign exchange offence was made out, the deeming provision in Section 67 of that Act did not convert the conduct into a prohibition under Section 11 of the Customs Act, 1962. Confiscation of goods and the penalty imposed under the Customs Act were therefore unsustainable. Case-Laws Customs Wed, 11 Aug 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93013