https://www.taxtmi.com/caselaws?id=82398 The Tribunal partially allowed the appeal by remanding the case to the Additional Collector. The goods were classified as raw materials, not consumer goods, under the import licenses. The goods were classified under Heading 39.21 as "Other sheets of plastics (PVC)" instead of Heading 39.26. The declared transaction value was rejected due to discrepancies, and the value was to be determined under Rule 8. The assessable value was to be based on the actual weight, with a decision on the penalty pending a reasoned finding on the weight misdeclaration. The Additional Collector was directed to reassess the import licenses, classify the goods, determine the value, and decide on the penalty within two months. en-us Wed, 02 Dec 1992 00:00:00 +0530 Mon, 04 Jul 2011 17:55:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82398 The Tribunal partially allowed the appeal by remanding the case to the Additional Collector. The goods were classified as raw materials, not consumer goods, under the import licenses. The goods were classified under Heading 39.21 as "Other sheets of plastics (PVC)" instead of Heading 39.26. The declared transaction value was rejected due to discrepancies, and the value was to be determined under Rule 8. The assessable value was to be based on the actual weight, with a decision on the penalty pending a reasoned finding on the weight misdeclaration. The Additional Collector was directed to reassess the import licenses, classify the goods, determine the value, and decide on the penalty within two months. Case-Laws Customs Wed, 02 Dec 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82398