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IN THE SUPREME COURT OF INDIA

CIVIL APPELLATE JURISDICTION

CIVIL APPEAL NOS. 2620-2622 OF 2004

Commnr. Of Customs, Lucknow

Appellant(s)

VERSUS

G.P.Jaiswal & Ors.

Respondent(s)

WITH

CIVIL APPEAL NO. 4341 OF 2004

O R D E R

In C.A.Nos.2620-2622/2004

One M/s. Yash Export had exported consignment of PVC

soles and the valuation which was entered and declared for

export of the aforesaid consignment was grossly over

invoiced. It was found that though the said PVC soles were

purchased from Agra at Rs.6.25 per pair, they were

misdeclared and value as shown in the invoices at Rs.380 per

pair. It was all done fraudulently to avail DEPB credit to

the tune of Rs.24,12,114/-. When the aforesaid facts came

to the notice of the appellant/Custom Authorities, a show

cause notice dated 10.3.2000 was issued under Section 124 of

the Customs Act, 1962, for confiscation of the aforesaid

goods under Section 113(d) of the Customs Act, 1962.

Digitally signed by

Suman Wadhwa

Date: 2015.04.01

15:46:46 IST

Reason:

Signature Not Verified

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Insofar as these three respondents are concerned, they

were also roped in with the allegations that they had

colluded with M/