https://www.taxtmi.com/caselaws?id=87834 Hard ferrite pieces removed in demagnetised condition for transport, but intended to be used as permanent magnets under Heading 85.05, were treated as covered by the relevant exemption notification and the notification issued under Section 11C. On that basis, the Tribunal found the goods not liable to duty or penalty, and the demand and penalty were set aside. en-us Mon, 03 Nov 1997 00:00:00 +0530 Tue, 13 Sep 2011 12:21:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87834 Hard ferrite pieces removed in demagnetised condition for transport, but intended to be used as permanent magnets under Heading 85.05, were treated as covered by the relevant exemption notification and the notification issued under Section 11C. On that basis, the Tribunal found the goods not liable to duty or penalty, and the demand and penalty were set aside. Case-Laws Central Excise Mon, 03 Nov 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87834