https://www.taxtmi.com/caselaws?id=336666 The Appellate Tribunal upheld the classification of imported goods as per the Chemical Examiner's test report, classifying them under CTH 40040000 instead of the declared CTH 4017 00 90. The Tribunal justified the confiscation due to import restrictions under Exim Policy 2004-09. The Tribunal agreed with the reduction of the redemption fine to Rs. 1 Lakh by the Commissioner (Appeals) and further reduced it to Rs. 15,000 based on the circumstances. The impugned Order-in-Appeal was upheld, partially allowing the appeal by reducing the redemption fine. en-us Mon, 25 Jul 2016 00:00:00 +0530 Fri, 09 Feb 2018 15:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336666 The Appellate Tribunal upheld the classification of imported goods as per the Chemical Examiner's test report, classifying them under CTH 40040000 instead of the declared CTH 4017 00 90. The Tribunal justified the confiscation due to import restrictions under Exim Policy 2004-09. The Tribunal agreed with the reduction of the redemption fine to Rs. 1 Lakh by the Commissioner (Appeals) and further reduced it to Rs. 15,000 based on the circumstances. The impugned Order-in-Appeal was upheld, partially allowing the appeal by reducing the redemption fine. Case-Laws Customs Mon, 25 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336666