2006 (12) TMI 250

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..... - Held that: demand for return of drawback amounts merely on the ground of non-export to Russia may not be sustainable - waiver is granted in regard to demands made on the ground of non-export There is evidence supporting the revenue’s finding that some of the export consignments had been grossly over valued. Therefore, the appellant is directed to make a deposit of Rs. 2.5 crores within a peri .....

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..... of the finding that the export consignments had been hugely overvalued, leading to much excess payment of drawback. 4. The contention of the learned counsel for the appellants is two fold. One is that the export of the goods from India is not being disputed at all, inasmuch as, even according to the revenue, the consignments had left India and had reached Finland. The submission is that drawback .....

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..... nt s buyers either did not exist at all or they had not carried out any import transaction. But this evidences reliability is seriously in doubt with the appellants producing letters from Russian authorities certifying the registration and other particulars of the importers. The appellants have also produced correspondence, including to the Indian embassy in London, confirming movement of some of .....

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