https://www.taxtmi.com/caselaws?id=82515 Imported goods were treated as not being finished goods, because processing in the factory was considered material and capable of changing their character; on that basis, the finding of misdeclaration was said to be unsustainable and confiscation with redemption fine could not stand. The matter was remanded for examination of the remaining conditions of Notification No. 13/81-Cus. and for consideration of Notification No. 206/76-Cus. A separate view agreed that denial of exemption on the finished-goods point failed, would set aside confiscation and fine outright, and would also require scrutiny of the remaining notification conditions and Notification No. 206/76-Cus. The Bench remained divided and no common final ruling emerged. en-us Fri, 12 Feb 1993 00:00:00 +0530 Tue, 05 Jul 2011 16:25:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82515 Imported goods were treated as not being finished goods, because processing in the factory was considered material and capable of changing their character; on that basis, the finding of misdeclaration was said to be unsustainable and confiscation with redemption fine could not stand. The matter was remanded for examination of the remaining conditions of Notification No. 13/81-Cus. and for consideration of Notification No. 206/76-Cus. A separate view agreed that denial of exemption on the finished-goods point failed, would set aside confiscation and fine outright, and would also require scrutiny of the remaining notification conditions and Notification No. 206/76-Cus. The Bench remained divided and no common final ruling emerged. Case-Laws Customs Fri, 12 Feb 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82515