https://www.taxtmi.com/caselaws?id=96101 The Tribunal upheld the confiscation of the seized goods due to mis-declaration in the Shipping Bill by the appellants, engaged in Zinc Oxide export. The appellants failed to produce the entire declared quantity, indicating fraudulent intent to claim higher duty drawback. While the penalty was reduced from Rs. 5 lakhs to Rs. 3 lakhs, the confiscation was maintained based on legal provisions and the circumstances of the case. en-us Tue, 20 Mar 2001 00:00:00 +0530 Sat, 17 Dec 2011 12:33:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96101 The Tribunal upheld the confiscation of the seized goods due to mis-declaration in the Shipping Bill by the appellants, engaged in Zinc Oxide export. The appellants failed to produce the entire declared quantity, indicating fraudulent intent to claim higher duty drawback. While the penalty was reduced from Rs. 5 lakhs to Rs. 3 lakhs, the confiscation was maintained based on legal provisions and the circumstances of the case. Case-Laws Customs Tue, 20 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96101