Purposive interpretation of residential house exemption: unregistered purchase agreement alone does not defeat relief, but investment must be verified...
CESTAT adjudicated a customs classification dispute involving industrial inkjet printing machines. The tribunal upheld classification under CTI 8443 3910 for specialized printing machinery, rejecting appellant's attempt to classify under a lower-duty heading. The decision confirmed differential duty demand, finding deliberate misdeclaration with intent to evade customs duty. The tribunal sustained penalties under Sections 114A and reduced individual penalty under Section 112(a) to Rs.2,50,000/-. Customs Appeal No.55672 was partially allowed, while Appeal No.55671 was dismissed, affirming the original order's core findings regarding classification and duty liability.
CESTAT adjudicated a customs classification dispute involving industrial inkjet printing machines. The tribunal upheld classification under CTI 8443 3910 for specialized printing machinery, rejecting appellant's attempt to classify under a lower-duty heading. The decision confirmed differential duty demand, finding deliberate misdeclaration with intent to evade customs duty. The tribunal sustained penalties under Sections 114A and reduced individual penalty under Section 112(a) to Rs.2,50,000/-. Customs Appeal No.55672 was partially allowed, while Appeal No.55671 was dismissed, affirming the original order's core findings regarding classification and duty liability.
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