https://www.taxtmi.com/caselaws?id=354324 The Tribunal upheld the reclassification of imported goods as "Zinc Ash" under CTH 26201900 due to their zinc content, dismissing the appellant's claim for a concessional duty rate. The enhancement of import value based solely on NIDB data was deemed impermissible, leading to the retention of the declared value and the rejection of the proposal for confiscation and penalty imposition under Sections 111(m) and 112(a). The Tribunal ruled in favor of the appellant, setting aside the penalty and allowing the appeal partially on these grounds. en-us Mon, 23 Oct 2017 00:00:00 +0530 Mon, 29 Jan 2018 10:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354324 The Tribunal upheld the reclassification of imported goods as "Zinc Ash" under CTH 26201900 due to their zinc content, dismissing the appellant's claim for a concessional duty rate. The enhancement of import value based solely on NIDB data was deemed impermissible, leading to the retention of the declared value and the rejection of the proposal for confiscation and penalty imposition under Sections 111(m) and 112(a). The Tribunal ruled in favor of the appellant, setting aside the penalty and allowing the appeal partially on these grounds. Case-Laws Customs Mon, 23 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354324