https://www.taxtmi.com/caselaws?id=43690 Incorrect description in export documents did not attract Section 18(1)(a) of the Foreign Exchange Regulation Act, 1973 where the declared export value was not understated and no foreign exchange loss could arise; Section 11 of the Customs Act, 1962 could not be enlarged beyond that restriction. The goods were also not liable to confiscation under Section 113(d) of the Customs Act, 1962 because they were freely exportable and no valid prohibition existed under the governing fiscal laws. On that reasoning, customs could not detain the goods for export on the basis of the description error, and the export was directed to proceed subject to the incentive scheme conditions. en-us Mon, 28 Jun 1993 00:00:00 +0530 Sat, 19 Jun 2010 14:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43690 Incorrect description in export documents did not attract Section 18(1)(a) of the Foreign Exchange Regulation Act, 1973 where the declared export value was not understated and no foreign exchange loss could arise; Section 11 of the Customs Act, 1962 could not be enlarged beyond that restriction. The goods were also not liable to confiscation under Section 113(d) of the Customs Act, 1962 because they were freely exportable and no valid prohibition existed under the governing fiscal laws. On that reasoning, customs could not detain the goods for export on the basis of the description error, and the export was directed to proceed subject to the incentive scheme conditions. Case-Laws Customs Mon, 28 Jun 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43690