https://www.taxtmi.com/caselaws?id=119821 The Tribunal granted a waiver of pre-deposit amounts and stayed the recovery of penalties pending a regular hearing to further examine the jurisdictional issue related to deemed export under the Foreign Trade (Development and Regulations) Act. The appellants were penalized under various sections of the Customs Act, 1962 for exporting goods to a Special Economic Zone and claiming a drawback based on Dubai Customs declarations, which was not sanctioned due to discrepancies in the claimed amount compared to actual value. en-us Fri, 14 Jul 2006 00:00:00 +0530 Fri, 13 Jul 2012 13:26:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119821 The Tribunal granted a waiver of pre-deposit amounts and stayed the recovery of penalties pending a regular hearing to further examine the jurisdictional issue related to deemed export under the Foreign Trade (Development and Regulations) Act. The appellants were penalized under various sections of the Customs Act, 1962 for exporting goods to a Special Economic Zone and claiming a drawback based on Dubai Customs declarations, which was not sanctioned due to discrepancies in the claimed amount compared to actual value. Case-Laws Customs Fri, 14 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119821