https://www.taxtmi.com/caselaws?id=213099 Misdeclaration of export value and inflated invoicing to obtain DEPB benefits rendered the exported CDs liable to confiscation, and penalties under Sections 112 and 114 were upheld against the exporter for the same operative conduct. Redemption fine was not sustainable because the exported and imported goods were not available for actual confiscation, so the fine was set aside. The duty demand against the exporter was also set aside. Penalties on individual noticees were adjusted according to their role, but separate penalties on the partner were not sustained where the firm had already been penalised for the same conduct. en-us Wed, 22 Jun 2011 00:00:00 +0530 Sat, 02 Nov 2013 15:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213099 Misdeclaration of export value and inflated invoicing to obtain DEPB benefits rendered the exported CDs liable to confiscation, and penalties under Sections 112 and 114 were upheld against the exporter for the same operative conduct. Redemption fine was not sustainable because the exported and imported goods were not available for actual confiscation, so the fine was set aside. The duty demand against the exporter was also set aside. Penalties on individual noticees were adjusted according to their role, but separate penalties on the partner were not sustained where the firm had already been penalised for the same conduct. Case-Laws Customs Wed, 22 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213099