https://www.taxtmi.com/caselaws?id=117153 The tribunal upheld the impugned order, dismissing the appeals against the confiscation of goods, disallowance of DEPB credit, and imposition of penalties due to misdeclaration of old machinery parts as new under the DEPB Scheme. Evidence revealed the appellants' lack of manufacturing arrangements, contradictory statements, and purchase of scrap old parts, supporting the conclusion of misrepresentation. The judgment emphasizes the significance of accurate documentation and the repercussions of misdeclaration in export transactions under the DEPB Scheme. en-us Mon, 28 Nov 2005 00:00:00 +0530 Wed, 20 Jun 2012 16:32:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117153 The tribunal upheld the impugned order, dismissing the appeals against the confiscation of goods, disallowance of DEPB credit, and imposition of penalties due to misdeclaration of old machinery parts as new under the DEPB Scheme. Evidence revealed the appellants' lack of manufacturing arrangements, contradictory statements, and purchase of scrap old parts, supporting the conclusion of misrepresentation. The judgment emphasizes the significance of accurate documentation and the repercussions of misdeclaration in export transactions under the DEPB Scheme. Case-Laws Customs Mon, 28 Nov 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117153