2023 (6) TMI 660

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..... ng higher rate of duty drawback and other incentives - correct transaction value in terms of section 14(1) of the Customs Act, 1962 or not - HELD THAT:- There is no material on record to indicate that the Applicants had availed higher rate of duty drawback on the shipping bills. The Applicants have appeared before the Authority and the statement of the Applicants has been recorded on various date .....

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..... on 438 of Cr.P.C. filed by the aforesaid Applicants apprehending their arrest in F.No. DRI/MZU/D/INT-90/2020/(Part-1), F.No.S/12-Gen-Misc-226/2021- 22/DBK/JNCH by DRI, Mumbai Zonal Unit, Mumbai for offences punishable under section 132 and 135 of the Customs Act, 1962. 2. Heard learned counsel for the Applicants and learned counsel for the Respondent DRI. I have perused the records and consid .....

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..... 022, the Applicants were granted interim protection. The question whether the other bills reflect correct value or have been overvalued, is yet to be adjudicated. At this stage, there is no material on record to indicate that the Applicants had availed higher rate of duty drawback on the shipping bills. The Applicants have appeared before the Authority and the statement of the Applicants has been .....

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