https://www.taxtmi.com/caselaws?id=256338 The tribunal ruled in favor of the Appellant regarding the classification of imported goods, determining that the "Forged Pinion" should be classified under CTH 84831099 as 'Transmission Shafts and Cranks'. The tribunal dropped the redemption fine of Rs. 5,00,000 as the goods were not available for confiscation. Additionally, the penalty of Rs. 5,76,193 imposed on the Appellant under Section 114A of the Customs Act, 1962 was also dropped due to the absence of malafide intent and the classification dispute nature of the issue. The differential duty demand of Rs. 5,76,193 along with interest was confirmed, which had already been paid by the Appellant. en-us Wed, 19 Nov 2014 00:00:00 +0530 Wed, 08 Feb 2017 16:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256338 The tribunal ruled in favor of the Appellant regarding the classification of imported goods, determining that the "Forged Pinion" should be classified under CTH 84831099 as 'Transmission Shafts and Cranks'. The tribunal dropped the redemption fine of Rs. 5,00,000 as the goods were not available for confiscation. Additionally, the penalty of Rs. 5,76,193 imposed on the Appellant under Section 114A of the Customs Act, 1962 was also dropped due to the absence of malafide intent and the classification dispute nature of the issue. The differential duty demand of Rs. 5,76,193 along with interest was confirmed, which had already been paid by the Appellant. Case-Laws Customs Wed, 19 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256338