https://www.taxtmi.com/caselaws?id=359884 The Tribunal partially allowed the appeal, reducing the redemption fine and penalty imposed on the appellants. The decision emphasized the importance of considering factual circumstances and intentions behind the misclassification before imposing severe penalties, ultimately providing relief to the appellants based on the presented evidence and arguments. en-us Mon, 16 Apr 2018 00:00:00 +0530 Fri, 06 Mar 2020 14:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359884 The Tribunal partially allowed the appeal, reducing the redemption fine and penalty imposed on the appellants. The decision emphasized the importance of considering factual circumstances and intentions behind the misclassification before imposing severe penalties, ultimately providing relief to the appellants based on the presented evidence and arguments. Case-Laws Customs Mon, 16 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359884