https://www.taxtmi.com/caselaws?id=91374 The Tribunal upheld that lead acid storage batteries imported by the appellant were considered consumer goods under the import policy, despite requiring charging. The appellant's contentions on the validity of exim scrips were accepted, allowing the import of the batteries. The penalty imposed on the importer under Section 112 was set aside due to lack of evidence of misdeclaration or fraudulent intent. The Commissioner was directed to review the importer's eligibility based on the exim scrips submitted. Ultimately, the appeal was allowed, providing relief to the appellant in terms of the penalty imposed. en-us Tue, 23 Mar 1999 00:00:00 +0530 Mon, 17 Oct 2011 16:03:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91374 The Tribunal upheld that lead acid storage batteries imported by the appellant were considered consumer goods under the import policy, despite requiring charging. The appellant's contentions on the validity of exim scrips were accepted, allowing the import of the batteries. The penalty imposed on the importer under Section 112 was set aside due to lack of evidence of misdeclaration or fraudulent intent. The Commissioner was directed to review the importer's eligibility based on the exim scrips submitted. Ultimately, the appeal was allowed, providing relief to the appellant in terms of the penalty imposed. Case-Laws Customs Tue, 23 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91374