https://www.taxtmi.com/caselaws?id=52684 Gross over-invoicing of export goods and misdeclaration of export value were treated as prohibited for customs purposes because export without full value declaration was barred under the applicable foreign exchange and foreign trade controls. On that basis, the goods fell within section 113(i) of the Customs Act, 1962 and confiscation was sustained. The redemption fine and penalty were also left undisturbed, as the extent of over-invoicing justified the adjudicating authority's view and no ground for reduction was shown. The appeal therefore failed, with confiscation, redemption fine, and penalty maintained. en-us Mon, 05 Jan 2004 00:00:00 +0530 Thu, 07 Oct 2010 11:51:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52684 Gross over-invoicing of export goods and misdeclaration of export value were treated as prohibited for customs purposes because export without full value declaration was barred under the applicable foreign exchange and foreign trade controls. On that basis, the goods fell within section 113(i) of the Customs Act, 1962 and confiscation was sustained. The redemption fine and penalty were also left undisturbed, as the extent of over-invoicing justified the adjudicating authority's view and no ground for reduction was shown. The appeal therefore failed, with confiscation, redemption fine, and penalty maintained. Case-Laws Customs Mon, 05 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52684