https://www.taxtmi.com/caselaws?id=266501 The Supreme Court upheld the Tribunal's decision in a case involving the classification of imported goods, misdeclaration allegations, extended period of limitation for show cause notice, and the applicability of exemption from import duty. The Court emphasized the historical classification and the respondent's bona fide belief, supporting the plea of a debatable issue. The appeal was dismissed solely on the ground of limitation, as the extended period under the Customs Act was deemed inapplicable, and the respondent was not found responsible for willful misdeclaration. en-us Tue, 06 Oct 2015 00:00:00 +0530 Thu, 07 Jan 2016 16:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266501 The Supreme Court upheld the Tribunal's decision in a case involving the classification of imported goods, misdeclaration allegations, extended period of limitation for show cause notice, and the applicability of exemption from import duty. The Court emphasized the historical classification and the respondent's bona fide belief, supporting the plea of a debatable issue. The appeal was dismissed solely on the ground of limitation, as the extended period under the Customs Act was deemed inapplicable, and the respondent was not found responsible for willful misdeclaration. Case-Laws Customs Tue, 06 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266501