Fraudulent refund rebate

Contention of the appellant was that the transaction was past and closed and had attained finality and as such the subject matter could not be re-opened, therefore the impugned orders were illegal

Validity

Customs authorities had power to reassess the goods declaration any time during five years of clearance of the goods for export along with a fine

Customs authorities had power to conduct audit of the finalized cases of duty drawback

Assessing officer had declined the application of duty drawback, to the contrary the duty draw back had been sanctioned fraudulently

Plea raised by the appellant was misconceived

Impugned orders were upheld

Appeal was dismissed.