https://www.taxtmi.com/caselaws?id=112859 Toy parts imported by a toy manufacturer before the effective date of a restrictive classification were treated as raw materials, not as restricted consumer goods, on the facts stated. A later DGFT clarification was viewed as correcting an earlier classification error rather than introducing a new policy change, and a departmental circular also acknowledged incorrect classification in some cases. On that basis, the import was not liable to confiscation, and the redemption fine and penalty were held unsustainable. en-us Mon, 05 Jan 2004 00:00:00 +0530 Wed, 02 May 2012 12:15:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112859 Toy parts imported by a toy manufacturer before the effective date of a restrictive classification were treated as raw materials, not as restricted consumer goods, on the facts stated. A later DGFT clarification was viewed as correcting an earlier classification error rather than introducing a new policy change, and a departmental circular also acknowledged incorrect classification in some cases. On that basis, the import was not liable to confiscation, and the redemption fine and penalty were held unsustainable. Case-Laws Customs Mon, 05 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112859