https://www.taxtmi.com/caselaws?id=109007 The Tribunal set aside the confiscation of goods and personal penalty imposed on the importer, a 100% Export Oriented Unit, for importing polyester fabric. Customs disputed the classification under Heading 5407.61, proposing Heading 5407.69. The Tribunal found the goods were correctly classified under Heading 5407.61, emphasizing that misclassification does not imply misstatement. It granted consequential relief to the appellant, highlighting the duty-free import entitlement for EOUs and overturning the Commissioner's decision based on a similar case precedent. en-us Mon, 16 Jun 2003 00:00:00 +0530 Thu, 05 Apr 2012 13:51:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109007 The Tribunal set aside the confiscation of goods and personal penalty imposed on the importer, a 100% Export Oriented Unit, for importing polyester fabric. Customs disputed the classification under Heading 5407.61, proposing Heading 5407.69. The Tribunal found the goods were correctly classified under Heading 5407.61, emphasizing that misclassification does not imply misstatement. It granted consequential relief to the appellant, highlighting the duty-free import entitlement for EOUs and overturning the Commissioner's decision based on a similar case precedent. Case-Laws Customs Mon, 16 Jun 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109007