https://www.taxtmi.com/caselaws?id=207409 The Tribunal upheld the confiscation of exported goods and imposed fines on the appellants in lieu of confiscation. It ordered the recovery of drawback amounts and interest under the Customs Act. Penalties were imposed on the appellants for over-valuation of goods and non-compliance with the Repayment of State Credit Scheme. The Tribunal distinguished previous cases and directed the appellants to make a pre-deposit, with the balance demand realization stayed due to financial difficulties. en-us Tue, 01 Feb 2011 00:00:00 +0530 Tue, 13 Dec 2011 00:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207409 The Tribunal upheld the confiscation of exported goods and imposed fines on the appellants in lieu of confiscation. It ordered the recovery of drawback amounts and interest under the Customs Act. Penalties were imposed on the appellants for over-valuation of goods and non-compliance with the Repayment of State Credit Scheme. The Tribunal distinguished previous cases and directed the appellants to make a pre-deposit, with the balance demand realization stayed due to financial difficulties. Case-Laws Customs Tue, 01 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207409