https://www.taxtmi.com/caselaws?id=107302 The tribunal majority classified imported lighting equipment under CTH 9405.40, requiring an import license. They reduced the redemption fine to Rs. 2.5 lakhs and set aside the penalty, partially allowing the appeal. A dissenting member argued for classification under CTH 9010.90, proposing to set aside all penalties. Ultimately, the majority decision prevailed, reducing the fine and eliminating the penalty while upholding the confiscation under CTH 9405.40. en-us Tue, 11 Mar 2003 00:00:00 +0530 Wed, 21 Mar 2012 14:15:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107302 The tribunal majority classified imported lighting equipment under CTH 9405.40, requiring an import license. They reduced the redemption fine to Rs. 2.5 lakhs and set aside the penalty, partially allowing the appeal. A dissenting member argued for classification under CTH 9010.90, proposing to set aside all penalties. Ultimately, the majority decision prevailed, reducing the fine and eliminating the penalty while upholding the confiscation under CTH 9405.40. Case-Laws Customs Tue, 11 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107302