https://www.taxtmi.com/caselaws?id=266502 The Tribunal allowed the appeal, ruling in favor of the appellants regarding the classification of the product 'Ruszyme G' as a bio-fertilizer. The Tribunal held that the product should be classified as a bio-fertilizer despite containing plant hormones, emphasizing that the presence of small amounts of cytokinin did not alter its classification. The Tribunal dismissed allegations of willful misstatement or suppression, noting that the appellants acted in good faith based on their understanding of the product. The impugned order confirming duty demand and penalty imposition was set aside in favor of the appellants. en-us Thu, 25 Sep 2014 00:00:00 +0530 Wed, 21 Oct 2015 10:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266502 The Tribunal allowed the appeal, ruling in favor of the appellants regarding the classification of the product 'Ruszyme G' as a bio-fertilizer. The Tribunal held that the product should be classified as a bio-fertilizer despite containing plant hormones, emphasizing that the presence of small amounts of cytokinin did not alter its classification. The Tribunal dismissed allegations of willful misstatement or suppression, noting that the appellants acted in good faith based on their understanding of the product. The impugned order confirming duty demand and penalty imposition was set aside in favor of the appellants. Case-Laws Central Excise Thu, 25 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266502