https://www.taxtmi.com/caselaws?id=107578 The Commissioner upheld the charges of misdeclaration of export goods value, leading to the confiscation of goods and imposition of penalties on the exporting firm. The appellant's explanation of clerical error was deemed insufficient to justify the discrepancies in the declared value. Despite acknowledging the delay in adjudication and reducing the penalties considering the circumstances, the Commissioner upheld the decision on misdeclaration and penalties, emphasizing the seriousness of overvaluation for DEPB benefits. en-us Tue, 10 Jun 2003 00:00:00 +0530 Fri, 23 Mar 2012 15:11:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107578 The Commissioner upheld the charges of misdeclaration of export goods value, leading to the confiscation of goods and imposition of penalties on the exporting firm. The appellant's explanation of clerical error was deemed insufficient to justify the discrepancies in the declared value. Despite acknowledging the delay in adjudication and reducing the penalties considering the circumstances, the Commissioner upheld the decision on misdeclaration and penalties, emphasizing the seriousness of overvaluation for DEPB benefits. Case-Laws Customs Tue, 10 Jun 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107578