https://www.taxtmi.com/caselaws?id=373456 The Tribunal ruled in favor of the appellant, setting aside the denial of duty drawback and penalty imposed under the Customs Act. The decision emphasized the lack of substantial evidence supporting the allegation of overvaluation by the exporter, noting the reliance on a single invoice as insufficient proof. The appellant's evidence, including payment receipts and examination reports, supported the declared value. The Tribunal highlighted the necessity of corroborative evidence in cases of alleged mis-declaration of value, ultimately allowing the appeal and granting consequential relief. en-us Wed, 28 Nov 2018 00:00:00 +0530 Mon, 14 Jan 2019 07:33:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373456 The Tribunal ruled in favor of the appellant, setting aside the denial of duty drawback and penalty imposed under the Customs Act. The decision emphasized the lack of substantial evidence supporting the allegation of overvaluation by the exporter, noting the reliance on a single invoice as insufficient proof. The appellant's evidence, including payment receipts and examination reports, supported the declared value. The Tribunal highlighted the necessity of corroborative evidence in cases of alleged mis-declaration of value, ultimately allowing the appeal and granting consequential relief. Case-Laws Customs Wed, 28 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373456