https://www.taxtmi.com/caselaws?id=46740 Concurrent customs findings of deliberate attempted export fraud were treated as sustainable in writ jurisdiction absent perversity, so the penalty challenge on merits failed. The penalty provision was construed by reference to the value of the goods lawfully declared and sought to be exported, not the value of the substituted bricks or other fraudulent goods. The argument that the penalty was capped by the value of the bogus goods was rejected because that reading would defeat the anti-fraud purpose of the Customs law. en-us Tue, 14 Oct 2003 00:00:00 +0530 Fri, 23 Jul 2010 15:55:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46740 Concurrent customs findings of deliberate attempted export fraud were treated as sustainable in writ jurisdiction absent perversity, so the penalty challenge on merits failed. The penalty provision was construed by reference to the value of the goods lawfully declared and sought to be exported, not the value of the substituted bricks or other fraudulent goods. The argument that the penalty was capped by the value of the bogus goods was rejected because that reading would defeat the anti-fraud purpose of the Customs law. Case-Laws Customs Tue, 14 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46740