https://www.taxtmi.com/caselaws?id=426770 Export incentive demands based on alleged overvaluation of goods require reliable evidence, compliance with statutory safeguards for recorded statements, and proof that the exporters were sham entities or that export proceeds were not genuinely received. Retracted statements, when uncorroborated and not tested through cross-examination or examination of the makers, could not by themselves sustain the charge, and general overseas enquiry reports were insufficient to prove higher real value or collusion. Where the exporters maintained separate registrations, accounts, shipping bills and export records, with proceeds routed through banking channels, the allegation of bogus exports failed. Natural justice concerns and a joint-and-several confirmation of liability without individual attribution also rendered the adjudication unsustainable. en-us Mon, 22 Aug 2022 00:00:00 +0530 Thu, 25 Aug 2022 08:13:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426770 Export incentive demands based on alleged overvaluation of goods require reliable evidence, compliance with statutory safeguards for recorded statements, and proof that the exporters were sham entities or that export proceeds were not genuinely received. Retracted statements, when uncorroborated and not tested through cross-examination or examination of the makers, could not by themselves sustain the charge, and general overseas enquiry reports were insufficient to prove higher real value or collusion. Where the exporters maintained separate registrations, accounts, shipping bills and export records, with proceeds routed through banking channels, the allegation of bogus exports failed. Natural justice concerns and a joint-and-several confirmation of liability without individual attribution also rendered the adjudication unsustainable. Case-Laws Customs Mon, 22 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426770