https://www.taxtmi.com/caselaws?id=341512 The Tribunal upheld the confiscation of goods under Section 113(d) of the Customs Act, 1962, due to misrepresentation and overvaluation of export goods. It affirmed the authority for re-determination of export value and penalties imposed on directors. The Tribunal held that directors can be held liable for misdeclarations. It distinguished re-determination for export incentives from duty levy assessments. The appellants' appeal lacked justification, leading to rejection of appeals and upholding of the impugned order. en-us Thu, 30 Mar 2017 00:00:00 +0530 Fri, 09 Feb 2018 15:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341512 The Tribunal upheld the confiscation of goods under Section 113(d) of the Customs Act, 1962, due to misrepresentation and overvaluation of export goods. It affirmed the authority for re-determination of export value and penalties imposed on directors. The Tribunal held that directors can be held liable for misdeclarations. It distinguished re-determination for export incentives from duty levy assessments. The appellants' appeal lacked justification, leading to rejection of appeals and upholding of the impugned order. Case-Laws Customs Thu, 30 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341512