2003 (4) TMI 105 - SCH - Central Excise

Confiscation of goods - Over valuation of goods - Supreme Court declined to interfere with the order of Tribunal where Tribunal held that for the goods which were sought to be exported there was no over-valuation by the assessee concerned and, therefore, the goods were not liable to confiscation.

Summary

The Supreme Court of India dismissed Civil Appeal Nos. 2636-2639/2001 and 3403-3407/2001 against the Customs, Excise and Gold (Control) Appellate Tribunal's judgment. The Tribunal found no over-valuation in the goods for export, leading to no confiscation. Other issues were left undecided. I.A Nos.11-14/2003 were disposed of. No costs were awarded.