https://www.taxtmi.com/caselaws?id=106830 The exporters were found ineligible for Duty Entitlement Pass Book (DEPB) benefit due to misrepresentation of goods and re-exporting from the same supplier. Confiscation of the goods under Section 113(d) of the Customs Act, 1962 was ordered, with an option for redemption on payment of a fine. The exporters faced allegations of deliberate over-valuation for DEPB benefit, leading to confiscation under the same section. The penalty imposed under Section 114(1) of the Customs Act was upheld by the Tribunal, dismissing the appeal against the fine and penalty. en-us Tue, 14 May 2002 00:00:00 +0530 Thu, 15 Mar 2012 18:17:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106830 The exporters were found ineligible for Duty Entitlement Pass Book (DEPB) benefit due to misrepresentation of goods and re-exporting from the same supplier. Confiscation of the goods under Section 113(d) of the Customs Act, 1962 was ordered, with an option for redemption on payment of a fine. The exporters faced allegations of deliberate over-valuation for DEPB benefit, leading to confiscation under the same section. The penalty imposed under Section 114(1) of the Customs Act was upheld by the Tribunal, dismissing the appeal against the fine and penalty. Case-Laws Customs Tue, 14 May 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106830