https://www.taxtmi.com/caselaws?id=120933 The Tribunal upheld the denial of the drawback claim, confiscation of goods, and imposition of penalties on M/s. Anuj International due to misdeclaration of value for the export consignment. The decision was based on expert opinions confirming the discrepancy between declared and actual market values, emphasizing that export values are subject to Customs scrutiny regardless of payment realization. Penalties for other parties were waived due to lack of clarity in the impugned order regarding the basis for penalties. en-us Wed, 31 Jan 2007 00:00:00 +0530 Wed, 25 Jul 2012 15:01:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120933 The Tribunal upheld the denial of the drawback claim, confiscation of goods, and imposition of penalties on M/s. Anuj International due to misdeclaration of value for the export consignment. The decision was based on expert opinions confirming the discrepancy between declared and actual market values, emphasizing that export values are subject to Customs scrutiny regardless of payment realization. Penalties for other parties were waived due to lack of clarity in the impugned order regarding the basis for penalties. Case-Laws Customs Wed, 31 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120933