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2015 (11) TMI 259 - CESTAT AHMEDABAD

2015 (11) TMI 259 - CESTAT AHMEDABAD - TMI - Denial of benefit of DEPB Claim - Penalty imposed under Section 114(iii) of the Customs Act, 1962 for mis-declaration of goods - Shipping bill filed for clearance of 100% Cotton Terry Towels - Appellant accepts that mentioning of 100% was an unintentional mistake and not with a view to claim higher DEPB - Held That:- Imposition of penalty is warranted as there is misdeclaration in shipping bills but same is reduced to ₹ 10,000.00 - Decided parti .....

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8377; 62,164.06. It has not confiscated the goods as the goods were exported. A penalty of ₹ 20,000.00 was imposed under Section 114(iii) of the Customs Act, 1962 for mis-declaration of the goods. 3. After hearing the learned Authorised Representative for the Revenue and on perusal of the records, we find that the Appellant filed shipping bill No.1207580, dt.04.05.2006 for clearance of 100% cotton Terry Towels and claimed DEPB benefit. On scrutiny of the documents, i.e. shipping bills, it .....

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