https://www.taxtmi.com/caselaws?id=379265 The Tribunal found issues with the confiscation, valuation, and penalty imposition in the case involving export goods under the DEPB scheme. The confiscation based on misdeclaration of value was deemed unjustified, and the penalty on M/s Narendra Industries was considered inappropriate. The appeals were allowed, setting aside the reduction of value and penalty imposed on M/s Narendra Industries. en-us Tue, 23 Apr 2019 00:00:00 +0530 Tue, 30 Apr 2019 15:05:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379265 The Tribunal found issues with the confiscation, valuation, and penalty imposition in the case involving export goods under the DEPB scheme. The confiscation based on misdeclaration of value was deemed unjustified, and the penalty on M/s Narendra Industries was considered inappropriate. The appeals were allowed, setting aside the reduction of value and penalty imposed on M/s Narendra Industries. Case-Laws Customs Tue, 23 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379265