https://www.taxtmi.com/caselaws?id=118063 The Tribunal ruled in favor of the applicant, waiving the pre-deposit of duty and penalties for the export of cordless microphones. The case involved discrepancies in the declared value of the exported goods, leading to the issuance and sale of import licenses under the DEPB Scheme. Despite contentions of undervaluation, the Tribunal found that the duty demand from the applicant was not sustainable as they did not directly import under the licenses. Consequently, the pre-deposit of duty and penalties were waived, and stay petitions were allowed. en-us Tue, 09 May 2006 00:00:00 +0530 Thu, 28 Jun 2012 12:09:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118063 The Tribunal ruled in favor of the applicant, waiving the pre-deposit of duty and penalties for the export of cordless microphones. The case involved discrepancies in the declared value of the exported goods, leading to the issuance and sale of import licenses under the DEPB Scheme. Despite contentions of undervaluation, the Tribunal found that the duty demand from the applicant was not sustainable as they did not directly import under the licenses. Consequently, the pre-deposit of duty and penalties were waived, and stay petitions were allowed. Case-Laws Customs Tue, 09 May 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118063