https://www.taxtmi.com/caselaws?id=768548 CESTAT Allahabad allowed the appeal in an export drawback case involving alleged over-invoicing of goods exported under 35 shipping bills from ICD Pantnagar. The tribunal found that the department's evidence based on costing certificates and non-existence of suppliers was insufficient to prove over-valuation. The tribunal noted that market enquiry by ICD Pantnagar showed export values were at par or higher than FOB values, which the department ignored. The appellant had received remittances equal to FOB value with no proof of money flow-back. Higher quantity declaration in shipping bills was deemed a typographical error. Confiscation orders and penalties under Sections 113, 114, and 114AA were set aside. en-us Mon, 07 Apr 2025 00:00:00 +0530 Wed, 09 Apr 2025 07:42:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768548 CESTAT Allahabad allowed the appeal in an export drawback case involving alleged over-invoicing of goods exported under 35 shipping bills from ICD Pantnagar. The tribunal found that the department's evidence based on costing certificates and non-existence of suppliers was insufficient to prove over-valuation. The tribunal noted that market enquiry by ICD Pantnagar showed export values were at par or higher than FOB values, which the department ignored. The appellant had received remittances equal to FOB value with no proof of money flow-back. Higher quantity declaration in shipping bills was deemed a typographical error. Confiscation orders and penalties under Sections 113, 114, and 114AA were set aside. Case-Laws Customs Mon, 07 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768548