https://www.taxtmi.com/caselaws?id=119210 The Appellate Tribunal CESTAT, Mumbai upheld the Customs' jurisdiction over mis-declaration and excess claim of DEPB due to incorrect classification of exported goods. The Tribunal emphasized the importance of correct classification for DEPB benefits and granted a waiver of pre-deposits under Section 129(E) of the Customs Act, 1962, pending the appeal hearing. Recovery of DEPB granted in excess was restricted under Section 28 of the Customs Act, 1962, and penalties were not imposed at the prima facie stage, aligning with legal precedents. en-us Thu, 15 Jun 2006 00:00:00 +0530 Mon, 09 Jul 2012 17:22:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119210 The Appellate Tribunal CESTAT, Mumbai upheld the Customs' jurisdiction over mis-declaration and excess claim of DEPB due to incorrect classification of exported goods. The Tribunal emphasized the importance of correct classification for DEPB benefits and granted a waiver of pre-deposits under Section 129(E) of the Customs Act, 1962, pending the appeal hearing. Recovery of DEPB granted in excess was restricted under Section 28 of the Customs Act, 1962, and penalties were not imposed at the prima facie stage, aligning with legal precedents. Case-Laws Customs Thu, 15 Jun 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119210