https://www.taxtmi.com/caselaws?id=1168 The Tribunal set aside the lower authority's order, ruling in favor of the exporters in a case involving alleged overvaluation of goods under the DEEC scheme. It held that the Customs authority lacked jurisdiction to order confiscation and penalties under the Customs Act for DEPB exports. Emphasizing previous judgments, the Tribunal clarified that penalties under the Customs Act for exports under DEPB claims are not sustainable. The judgment established the boundaries of Customs authority jurisdiction in DEEC and DEPB exports, ultimately allowing the appeals of the exporters. en-us Fri, 07 Jul 2006 00:00:00 +0530 Mon, 14 Apr 2008 12:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1168 The Tribunal set aside the lower authority's order, ruling in favor of the exporters in a case involving alleged overvaluation of goods under the DEEC scheme. It held that the Customs authority lacked jurisdiction to order confiscation and penalties under the Customs Act for DEPB exports. Emphasizing previous judgments, the Tribunal clarified that penalties under the Customs Act for exports under DEPB claims are not sustainable. The judgment established the boundaries of Customs authority jurisdiction in DEEC and DEPB exports, ultimately allowing the appeals of the exporters. Case-Laws Customs Fri, 07 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1168