https://www.taxtmi.com/caselaws?id=153772 The Appellate Tribunal CESTAT CHENNAI decided to waive the predeposit of duty and penalty, amounting to Rs. 4,69,711/- and Rs. 13,70,000/- respectively, due to misclassification of imported goods as old/used digital multifunctional machines instead of old and used photocopying machines. The Tribunal confirmed that the imported goods did not require a license, thereby staying the penalty recovery pending appeal. An adjournment was granted to seek clarification from the DGFT, demonstrating procedural diligence in resolving the case comprehensively. en-us Mon, 07 Dec 2009 00:00:00 +0530 Tue, 30 Jul 2013 11:48:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153772 The Appellate Tribunal CESTAT CHENNAI decided to waive the predeposit of duty and penalty, amounting to Rs. 4,69,711/- and Rs. 13,70,000/- respectively, due to misclassification of imported goods as old/used digital multifunctional machines instead of old and used photocopying machines. The Tribunal confirmed that the imported goods did not require a license, thereby staying the penalty recovery pending appeal. An adjournment was granted to seek clarification from the DGFT, demonstrating procedural diligence in resolving the case comprehensively. Case-Laws Customs Mon, 07 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153772