https://www.taxtmi.com/caselaws?id=104851 The appellants appealed against a Customs adjudication order for mis-declaration of goods as steel balls when they were actually steel ball retainers, leading to confiscation of goods, disallowance of DEPB Credit, and imposition of penalties. The court upheld the decision, ruling that the goods were not mis-declared, but were indeed ball retainers used in bicycles, making them ineligible for DEPB Credit. The appellants' request for adjustment of excess payment was accepted, but their argument for reduction of penalty was partially successful, with the penalty being reduced to Rs. fifty thousand. en-us Thu, 02 May 2002 00:00:00 +0530 Thu, 01 Mar 2012 15:39:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104851 The appellants appealed against a Customs adjudication order for mis-declaration of goods as steel balls when they were actually steel ball retainers, leading to confiscation of goods, disallowance of DEPB Credit, and imposition of penalties. The court upheld the decision, ruling that the goods were not mis-declared, but were indeed ball retainers used in bicycles, making them ineligible for DEPB Credit. The appellants' request for adjustment of excess payment was accepted, but their argument for reduction of penalty was partially successful, with the penalty being reduced to Rs. fifty thousand. Case-Laws Central Excise Thu, 02 May 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104851