https://www.taxtmi.com/caselaws?id=49947 Over-invoicing in export valuation must be proved by cogent, comparable evidence; a non-comparable sample, exporter's explanation of costing, and inconclusive market enquiries were insufficient to reject the declared export value. Because the allegation of over-invoicing failed, the consequential confiscation, redemption fine, penalty, and reduction of drawback based on a lower FOB value could not be sustained. The exporter's statement agreeing to drawback on the assessed value was treated as made under pressure rather than as an admission of wrongdoing. The declared export value therefore stood, and the consequential relief followed. en-us Tue, 08 Aug 2000 00:00:00 +0530 Wed, 18 Aug 2010 16:45:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49947 Over-invoicing in export valuation must be proved by cogent, comparable evidence; a non-comparable sample, exporter's explanation of costing, and inconclusive market enquiries were insufficient to reject the declared export value. Because the allegation of over-invoicing failed, the consequential confiscation, redemption fine, penalty, and reduction of drawback based on a lower FOB value could not be sustained. The exporter's statement agreeing to drawback on the assessed value was treated as made under pressure rather than as an admission of wrongdoing. The declared export value therefore stood, and the consequential relief followed. Case-Laws Customs Tue, 08 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49947