https://www.taxtmi.com/caselaws?id=109884 Imported goods declared as a methanol resistant compound were correctly classified under Chapter sub-heading 3904.90, and their irregular shape did not by itself establish misdeclaration. In the absence of any legal requirement to state whether the goods were in sheet form or bulk form, confiscation under Section 111(m) of the Customs Act was not justified. The discussion further notes that penalty could not stand where misdeclaration was not proved. The lower authorities' classification finding was therefore set aside, and confiscation and penalty were held unsustainable. en-us Fri, 13 Jun 2003 00:00:00 +0530 Thu, 12 Apr 2012 16:24:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109884 Imported goods declared as a methanol resistant compound were correctly classified under Chapter sub-heading 3904.90, and their irregular shape did not by itself establish misdeclaration. In the absence of any legal requirement to state whether the goods were in sheet form or bulk form, confiscation under Section 111(m) of the Customs Act was not justified. The discussion further notes that penalty could not stand where misdeclaration was not proved. The lower authorities' classification finding was therefore set aside, and confiscation and penalty were held unsustainable. Case-Laws Customs Fri, 13 Jun 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109884