https://www.taxtmi.com/caselaws?id=99973 Inflated export value used to secure excess drawback attracted confiscation under the Customs Act, and the confiscation was held lawful because the offence was established. The only relief granted was on the quantum of redemption fine: the adjudication delay, coupled with the exporter's financial loss and inability to find an alternative buyer, justified reduction of the fine on commercial considerations. The penalty was left unchanged, so the adjustment was confined to redemption fine alone. en-us Tue, 13 Feb 2001 00:00:00 +0530 Mon, 30 Jan 2012 17:47:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99973 Inflated export value used to secure excess drawback attracted confiscation under the Customs Act, and the confiscation was held lawful because the offence was established. The only relief granted was on the quantum of redemption fine: the adjudication delay, coupled with the exporter's financial loss and inability to find an alternative buyer, justified reduction of the fine on commercial considerations. The penalty was left unchanged, so the adjustment was confined to redemption fine alone. Case-Laws Customs Tue, 13 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99973