Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
CESTAT allowed the appeal, holding that the imported hydrocarbon solvent containing Xylene isomers, including Ethyl Benzene, is classifiable under CTH 29024400. The Tribunal found no intentional misdeclaration or suppression of facts, set aside the differential customs duty, interest, and penalties. The extended period of limitation under Section 28 was deemed unsustainable, as the importer had consistently declared the goods under the same classification since 2011 without prior challenge by the department.
CESTAT allowed the appeal, holding that the imported hydrocarbon solvent containing Xylene isomers, including Ethyl Benzene, is classifiable under CTH 29024400. The Tribunal found no intentional misdeclaration or suppression of facts, set aside the differential customs duty, interest, and penalties. The extended period of limitation under Section 28 was deemed unsustainable, as the importer had consistently declared the goods under the same classification since 2011 without prior challenge by the department.
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