https://www.taxtmi.com/caselaws?id=100550 Imported air-conditioning components were held to have the essential character of an air-conditioning machine under Rule 2(a) of the General Rules for Interpretation, so classification under Tariff Heading 8415.10 was sustained and Heading 98.06 rejected. The assessable value fixed by best judgment was upheld because the declared invoice value was disbelieved and no reliable evidence of actual transaction value or comparable imports was produced. The import also required a valid licence, but the licences tendered did not cover the composite goods as imported, so they were ineffective for the transaction. The penalty on the proprietary concern was sustained, but the personal penalty on the sole proprietor was set aside as duplicative. en-us Fri, 09 Jul 1993 00:00:00 +0530 Thu, 18 Jun 2020 16:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100550 Imported air-conditioning components were held to have the essential character of an air-conditioning machine under Rule 2(a) of the General Rules for Interpretation, so classification under Tariff Heading 8415.10 was sustained and Heading 98.06 rejected. The assessable value fixed by best judgment was upheld because the declared invoice value was disbelieved and no reliable evidence of actual transaction value or comparable imports was produced. The import also required a valid licence, but the licences tendered did not cover the composite goods as imported, so they were ineffective for the transaction. The penalty on the proprietary concern was sustained, but the personal penalty on the sole proprietor was set aside as duplicative. Case-Laws Customs Fri, 09 Jul 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100550