https://www.taxtmi.com/caselaws?id=781225 CESTAT set aside the Commissioner of Customs' order and allowed the appeal, holding that there was no independent evidence to establish overvaluation or incorrect declarations allowing confiscation under Section 113(d),(i),(ia). Since the shipments were assessed and physically exported, rejection and recovery of drawback, imposition of redemption fine and penalty under Sections 125(1), 114 and enhanced penalty under 114AA were not legally sustainable. Documentary assertions about lower unit values from unrelated jurisdiction were held irrelevant. The penalty and confiscation measures in the impugned order were quashed. en-us Fri, 04 Jul 2025 00:00:00 +0530 Thu, 13 Nov 2025 08:14:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781225 CESTAT set aside the Commissioner of Customs' order and allowed the appeal, holding that there was no independent evidence to establish overvaluation or incorrect declarations allowing confiscation under Section 113(d),(i),(ia). Since the shipments were assessed and physically exported, rejection and recovery of drawback, imposition of redemption fine and penalty under Sections 125(1), 114 and enhanced penalty under 114AA were not legally sustainable. Documentary assertions about lower unit values from unrelated jurisdiction were held irrelevant. The penalty and confiscation measures in the impugned order were quashed. Case-Laws Customs Fri, 04 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781225