No Misdeclaration despite incorrect label if Composition of reimported Fabric Unchanged

PGC Corporation Limited Vs Commissioner of Customs (CESTAT Chennai) Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) Chennai has ruled in favor of PGC Corporation Limited in a case involving alleged misdeclaration of fabric composition on reimported goods. The Tribunal determined that despite an incorrect label, the actual fabric composition remained unchanged, and the voluntary return of duty drawback negated any intent to misdeclare. The dispute arose when PGC Corporation Limited reimported certain goods that had previously been exported. The company had claimed duty drawback on ...