https://www.taxtmi.com/caselaws?id=252707 The early hearing application was dismissed as infructuous in a case involving a classification dispute of a vessel under CTH 8901 or CTH 8905 9090. A duty demand, redemption fine, and penalty were imposed on the applicant, with the Tribunal granting a waiver of pre-deposit for the balance amount based on a stay order. The Tribunal directed the applicant to execute a bank guarantee to take the vessel outside India for commercial purposes, considering the ongoing dispute over the duty amount. Conditions were set for executing the bank guarantee to allow the vessel's temporary export for commercial use. en-us Fri, 30 May 2014 00:00:00 +0530 Sat, 24 Dec 2016 13:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252707 The early hearing application was dismissed as infructuous in a case involving a classification dispute of a vessel under CTH 8901 or CTH 8905 9090. A duty demand, redemption fine, and penalty were imposed on the applicant, with the Tribunal granting a waiver of pre-deposit for the balance amount based on a stay order. The Tribunal directed the applicant to execute a bank guarantee to take the vessel outside India for commercial purposes, considering the ongoing dispute over the duty amount. Conditions were set for executing the bank guarantee to allow the vessel's temporary export for commercial use. Case-Laws Customs Fri, 30 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252707