2016 (4) TMI 1243 - SCH - Customs

Mis-declaration of goods and value thereof - period of limitation - relevant date - principles of res judicata - import of low/high carbon steel wire rods and electrolytes zinc free of duty under the Duty Exemption Entitlement Certificate (DEEC) Scheme by mis-declaring and undervaluing the goods and then disposing of the said imported goods in the local market for profit instead of using them in the manufacture of steel wire ropes for export - the decision in the case of Maldhari Sales Corporation & Others, Subhash Gupta, Janki Ram Versus Union of India & Others 2016 (2) TMI 309 - DELHI HIGH COURT contested, where it was held that The date of clearance of the consignment with reference to that B/E was obviously on a date after the date of such B/E - Held that - the decision in the above case upheld - present SLP dismissed.