https://www.taxtmi.com/caselaws?id=244753 The tribunal allowed the appeals, determining that the imported Magnesia Spinel Bricks should be classified under CTH 69021010, qualifying for exemption under Notification No. 90/2004-Cus and Notification No. 40/2006-Cus. The demand for customs duty was considered time-barred, and penalties under Sections 114A and 112(a) of the Customs Act, 1962, were revoked. The decision highlighted the significance of following SION norms and HSN Explanatory Notes for accurate classification and interpretation in similar matters. en-us Tue, 28 Jan 2014 00:00:00 +0530 Sat, 30 Aug 2014 15:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244753 The tribunal allowed the appeals, determining that the imported Magnesia Spinel Bricks should be classified under CTH 69021010, qualifying for exemption under Notification No. 90/2004-Cus and Notification No. 40/2006-Cus. The demand for customs duty was considered time-barred, and penalties under Sections 114A and 112(a) of the Customs Act, 1962, were revoked. The decision highlighted the significance of following SION norms and HSN Explanatory Notes for accurate classification and interpretation in similar matters. Case-Laws Customs Tue, 28 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244753