https://www.taxtmi.com/caselaws?id=33923 The High Court upheld the confiscation of goods due to misdeclaration under the DEPB Scheme, allowing redemption upon payment of a fine and penalty. The Court emphasized the significance of misdeclaration in relation to confiscation under Section 113 of the Customs Act, ruling against confiscation based on the category for higher drawback. Overvalued goods were not considered "prohibited goods" for confiscation. The appeal's maintainability was dismissed, with the option to approach the Supreme Court. The judgment thoroughly analyzed misdeclaration, relevant Customs Act sections, overvaluation, and appeal jurisdiction. en-us Wed, 01 Apr 2009 00:00:00 +0530 Wed, 09 Sep 2009 16:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33923 The High Court upheld the confiscation of goods due to misdeclaration under the DEPB Scheme, allowing redemption upon payment of a fine and penalty. The Court emphasized the significance of misdeclaration in relation to confiscation under Section 113 of the Customs Act, ruling against confiscation based on the category for higher drawback. Overvalued goods were not considered "prohibited goods" for confiscation. The appeal's maintainability was dismissed, with the option to approach the Supreme Court. The judgment thoroughly analyzed misdeclaration, relevant Customs Act sections, overvaluation, and appeal jurisdiction. Case-Laws Customs Wed, 01 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33923