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2018 (8) TMI 40 - AT - CustomsAmendment of Shipping bills before export of goods - valuation of goods - Confiscation - redemption fine - penalty - Held that:- The goods were allowed to be exported after allowing the amendment to the documents presented and the respondent has already received the total foreign inward remittance and, therefore, there was no case of confiscation of said goods and imposition of fine and penalty. The charge of overvaluation is presumptive in nature and such charge could have been proved only if goods could be exported with declared value and export proceeds could not have been realized to the extent of such value. Appeal dismissed - decided against Revenue.
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