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2007 (11) TMI 271 - AT - CustomsAllegations with regard to overvaluation of the goods to claim DEPB credit - wilfully procured inferior fabric from the market and than at the time of export, deliberately overpriced the same at Rs. 60/- per metre - final assessment of the Shipping Bills above at a value of Rs. 16 per metre for DEPB purposes was rightly ordered in impugned order – penalty of Rs. 5,20,000/- has been rightly imposed u/s 114(i) and 114(iii) of the Customs Act – appeal dismissed
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