CESTAT upholds Penalty levied on  misdeclaration of goods  in order to avail ineligible drawback [Read Order]

It is the discovery of this mis-declaration which rendered the goods liable for confiscation. Therefore, the appellant was liable to penalty under section 114 (iii) of the Customs Act
CESTAT - CESTAT upholds Penalty - ineligible drawback - CESTAT updates - Customs - TAXSCAN

The Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) upheld the penalty levied on the misdeclaration of goods in order to avail ineligible drawback. The Appellant Jayant Vikram had filed benami shipping bills with mis-declared quantities and values at the behest of Shri Ashok Sharma.These information getting from  Directorate…

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