https://www.taxtmi.com/caselaws?id=115599 Imported goods answering to the essential function of inverters were classifiable under Heading 8504.40, because their additional motor-speed control feature did not change their core character of converting direct current into alternating current. The earlier pre-1-1-1996 decision relied on by the importer was distinguished, and classification under Heading 8543.89 was rejected. As import of the goods required a specific import licence, confiscation for clearance without such licence was upheld. However, the importer's reliance on the earlier view was treated as bona fide, so the redemption fine was reduced and the penalty was set aside. en-us Wed, 17 Aug 2005 00:00:00 +0530 Thu, 31 May 2012 13:16:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115599 Imported goods answering to the essential function of inverters were classifiable under Heading 8504.40, because their additional motor-speed control feature did not change their core character of converting direct current into alternating current. The earlier pre-1-1-1996 decision relied on by the importer was distinguished, and classification under Heading 8543.89 was rejected. As import of the goods required a specific import licence, confiscation for clearance without such licence was upheld. However, the importer's reliance on the earlier view was treated as bona fide, so the redemption fine was reduced and the penalty was set aside. Case-Laws Customs Wed, 17 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115599