https://www.taxtmi.com/caselaws?id=1483 Export goods may be treated as prohibited goods where export restrictions or conditions are breached, and intentional over-invoicing or false declaration can justify confiscation under customs law. Export value must be assessed under the statutory valuation framework, and the exporter is required to disclose the true export value and correct description of the goods. Because the tribunal did not examine the effect of the earlier authoritative ruling on these principles, its order was set aside and the matter was remitted for fresh consideration in light of the governing law on export valuation, prohibited goods, and confiscation. en-us Thu, 24 May 2007 00:00:00 +0530 Mon, 14 Apr 2008 18:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1483 Export goods may be treated as prohibited goods where export restrictions or conditions are breached, and intentional over-invoicing or false declaration can justify confiscation under customs law. Export value must be assessed under the statutory valuation framework, and the exporter is required to disclose the true export value and correct description of the goods. Because the tribunal did not examine the effect of the earlier authoritative ruling on these principles, its order was set aside and the matter was remitted for fresh consideration in light of the governing law on export valuation, prohibited goods, and confiscation. Case-Laws Customs Thu, 24 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1483