https://www.taxtmi.com/caselaws?id=341226 The Tribunal upheld the classification of imported oil as waste oil rather than furnace oil due to inconclusive testing. The penalty imposed on the appellant was reduced from Rs. 10 lakhs to Rs. 3 lakhs, considering the misunderstanding in the case. en-us Thu, 29 Sep 2016 00:00:00 +0530 Wed, 05 Apr 2017 07:03:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341226 The Tribunal upheld the classification of imported oil as waste oil rather than furnace oil due to inconclusive testing. The penalty imposed on the appellant was reduced from Rs. 10 lakhs to Rs. 3 lakhs, considering the misunderstanding in the case. Case-Laws Customs Thu, 29 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341226