https://www.taxtmi.com/caselaws?id=101931 On a prima facie review, mere negotiation with the foreign buyer and execution of a memorandum of agreement with the exporter were held insufficient to show conscious participation in any overvaluation of exported garments for excess drawback. In the absence of direct evidence of conspiracy, the appellant was entitled to waiver of pre-deposit of the penalty and stay of its recovery. en-us Mon, 18 Feb 2002 00:00:00 +0530 Mon, 13 Feb 2012 12:11:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101931 On a prima facie review, mere negotiation with the foreign buyer and execution of a memorandum of agreement with the exporter were held insufficient to show conscious participation in any overvaluation of exported garments for excess drawback. In the absence of direct evidence of conspiracy, the appellant was entitled to waiver of pre-deposit of the penalty and stay of its recovery. Case-Laws Customs Mon, 18 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101931