https://www.taxtmi.com/caselaws?id=253294 The court upheld the findings of deliberate misdeclaration and attempted export of non-Basmati rice as Basmati rice. It dismissed the defense plea of accidental mixing, affirming the prohibition of export. The confiscation of goods and imposition of a redemption fine of Rs. 32.50 lakhs on M/s Vaibhav Overseas were justified due to the intentional deception. Penalties of Rs. 9,10,000 on M/s Vaibhav Overseas and Rs. 2.60 lakhs on Shri Gyan Chand were upheld for their conscious involvement in the fraudulent export scheme. The judgment emphasized the deliberate actions to deceive authorities and evade detection, resulting in the dismissal of both appeals. en-us Thu, 09 Oct 2014 00:00:00 +0530 Thu, 20 Nov 2014 18:00:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253294 The court upheld the findings of deliberate misdeclaration and attempted export of non-Basmati rice as Basmati rice. It dismissed the defense plea of accidental mixing, affirming the prohibition of export. The confiscation of goods and imposition of a redemption fine of Rs. 32.50 lakhs on M/s Vaibhav Overseas were justified due to the intentional deception. Penalties of Rs. 9,10,000 on M/s Vaibhav Overseas and Rs. 2.60 lakhs on Shri Gyan Chand were upheld for their conscious involvement in the fraudulent export scheme. The judgment emphasized the deliberate actions to deceive authorities and evade detection, resulting in the dismissal of both appeals. Case-Laws Customs Thu, 09 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253294