https://www.taxtmi.com/caselaws?id=349256 Classification of goods dispute arose when imported fabrics did not match declared description, leading to a differential duty demand of Rs. 15,42,842. Appellant accepted the classification, paid duty, and took provisional release. Authorities imposed a redemption fine of Rs. 4,15,000 and penalty under Customs Act. Appellant contested fine and penalty due to demurrage charges during delay in investigation. Tribunal reduced redemption fine to Rs. 1,50,000 and penalty to Rs. 1,00,000, considering incurred demurrage charges. Differential duty demand remained unchanged. en-us Wed, 16 Aug 2017 00:00:00 +0530 Mon, 09 Oct 2017 10:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349256 Classification of goods dispute arose when imported fabrics did not match declared description, leading to a differential duty demand of Rs. 15,42,842. Appellant accepted the classification, paid duty, and took provisional release. Authorities imposed a redemption fine of Rs. 4,15,000 and penalty under Customs Act. Appellant contested fine and penalty due to demurrage charges during delay in investigation. Tribunal reduced redemption fine to Rs. 1,50,000 and penalty to Rs. 1,00,000, considering incurred demurrage charges. Differential duty demand remained unchanged. Case-Laws Customs Wed, 16 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349256