https://www.taxtmi.com/caselaws?id=104425 The Tribunal upheld the duty confirmation of Rs. 79,968 under Sec. 28(1) of the Customs Act, finding that the appellants intentionally misrepresented the value to evade duty. Additionally, penalties of Rs. 50,000 each were imposed on M/s. Vikas General Carbon Ltd. and the Managing Director under Sec. 112(a) of the Customs Act for their involvement in instructing the fabrication of the invoice. The Tribunal dismissed the appeals, emphasizing the deliberate misrepresentation and lack of applicability of legal precedents cited by the appellants. en-us Mon, 24 Jan 2000 00:00:00 +0530 Wed, 29 Feb 2012 10:58:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104425 The Tribunal upheld the duty confirmation of Rs. 79,968 under Sec. 28(1) of the Customs Act, finding that the appellants intentionally misrepresented the value to evade duty. Additionally, penalties of Rs. 50,000 each were imposed on M/s. Vikas General Carbon Ltd. and the Managing Director under Sec. 112(a) of the Customs Act for their involvement in instructing the fabrication of the invoice. The Tribunal dismissed the appeals, emphasizing the deliberate misrepresentation and lack of applicability of legal precedents cited by the appellants. Case-Laws Central Excise Mon, 24 Jan 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104425