https://www.taxtmi.com/caselaws?id=124416 The Tribunal upheld the confiscation of goods and imposed a redemption fine due to overvaluation for DEPB benefits. Personal penalties for misdeclaration of value and production of forged documents were upheld, while the penalty on the shipping line was set aside. The Commissioner (Appeals) modified the order by setting aside the redemption fine, with the appellant arguing that the goods were not liable for confiscation as the correct value was declared for export. The Tribunal found evidence of manipulation in documents, leading to the goods being liable for confiscation. en-us Thu, 24 Jul 2008 00:00:00 +0530 Sat, 29 Sep 2012 10:51:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124416 The Tribunal upheld the confiscation of goods and imposed a redemption fine due to overvaluation for DEPB benefits. Personal penalties for misdeclaration of value and production of forged documents were upheld, while the penalty on the shipping line was set aside. The Commissioner (Appeals) modified the order by setting aside the redemption fine, with the appellant arguing that the goods were not liable for confiscation as the correct value was declared for export. The Tribunal found evidence of manipulation in documents, leading to the goods being liable for confiscation. Case-Laws Customs Thu, 24 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124416