Misdeclaration of goods to claim ineligible drawback CESTAT Upholds Penalty 

Jayant Vikram @ Vikram Bihari Vs Commissioner of Customs (Export) (CESTAT Delhi) The case of Jayant Vikram, also known as Vikram Bihari, versus the Commissioner of Customs (Export) involves the appellant challenging penalties imposed on him under sections 114(iii) and 114AA of the Customs Act, 1962. The penalties were initially imposed by the adjudicating authority and upheld by the Commissioner (Appeals) through impugned orders. There are three appeals filed by Jayant Vikram, each contesting penalties imposed in relation to specific orders. The crux of the case revolves around the misdeclarat...