https://www.taxtmi.com/caselaws?id=46604 Over-invoicing of export goods may amount to an attempt to export prohibited goods where export conditions are not complied with, because prohibited goods under the Customs Act include goods exported contrary to statutory conditions. The text states that Section 113(d) can apply to fraudulent over-invoicing and permit confiscation. It also states that an exporter must declare the true export value under Section 14, meaning the price at which like goods are ordinarily sold in international trade, and not merely the amount expected from the overseas purchaser. On that basis, an inflated export declaration is improper and may sustain confiscation, fine, and penalty. en-us Mon, 07 Jul 2003 00:00:00 +0530 Fri, 26 Sep 2025 17:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46604 Over-invoicing of export goods may amount to an attempt to export prohibited goods where export conditions are not complied with, because prohibited goods under the Customs Act include goods exported contrary to statutory conditions. The text states that Section 113(d) can apply to fraudulent over-invoicing and permit confiscation. It also states that an exporter must declare the true export value under Section 14, meaning the price at which like goods are ordinarily sold in international trade, and not merely the amount expected from the overseas purchaser. On that basis, an inflated export declaration is improper and may sustain confiscation, fine, and penalty. Case-Laws Customs Mon, 07 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46604