https://www.taxtmi.com/caselaws?id=85469 Penalty was not sustainable where the assessee had claimed assessment under a particular tariff classification in a bona fide manner and the classification dispute remained unresolved. The goods were described in the classification list as Grey Board/Deluxe Grey Board, while the department treated them as Duplex Board, but the earlier remand showed that the issue had not been finally settled and the description was not proved to be deliberately false. In the absence of suppression or deliberate misstatement, a mere claim to a lower rate of duty did not justify penalty, and the penalty was set aside. en-us Thu, 23 May 1996 00:00:00 +0530 Fri, 05 Aug 2011 12:00:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85469 Penalty was not sustainable where the assessee had claimed assessment under a particular tariff classification in a bona fide manner and the classification dispute remained unresolved. The goods were described in the classification list as Grey Board/Deluxe Grey Board, while the department treated them as Duplex Board, but the earlier remand showed that the issue had not been finally settled and the description was not proved to be deliberately false. In the absence of suppression or deliberate misstatement, a mere claim to a lower rate of duty did not justify penalty, and the penalty was set aside. Case-Laws Central Excise Thu, 23 May 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85469