https://www.taxtmi.com/caselaws?id=170389 Incorrect declarations in DTA clearances were treated as suppression of a material fact where invoices categorically stated that no imported raw material had been used, but the investigation showed otherwise. The Tribunal noted that the officers' statements were not retracted and the record did not support the plea that Customs countersignature amounted to acceptance of the declaration. On that basis, suppression and misdeclaration with intent to evade duty were established, so interest under Section 11AB and penalty under Section 11AC were attracted. Payment of duty before the show cause notice did not eliminate liability, and the first proviso to Section 11AC was held inapplicable because interest had not been paid within the stipulated period. en-us Wed, 21 Jul 2010 00:00:00 +0530 Tue, 26 May 2015 12:37:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170389 Incorrect declarations in DTA clearances were treated as suppression of a material fact where invoices categorically stated that no imported raw material had been used, but the investigation showed otherwise. The Tribunal noted that the officers' statements were not retracted and the record did not support the plea that Customs countersignature amounted to acceptance of the declaration. On that basis, suppression and misdeclaration with intent to evade duty were established, so interest under Section 11AB and penalty under Section 11AC were attracted. Payment of duty before the show cause notice did not eliminate liability, and the first proviso to Section 11AC was held inapplicable because interest had not been paid within the stipulated period. Case-Laws Customs Wed, 21 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170389