https://www.taxtmi.com/caselaws?id=378651 The Tribunal set aside the impugned order confirming demand and penalty against the appellants, directing finalization of provisional assessment under Section 18 of the Customs Act. The case involved mis-declaration of goods imported as synthetic spinning waste instead of acrylic fiber. The show cause notice issued without finalizing assessment was deemed improper, leading to unsustainability of penalties and interest imposed. The Tribunal allowed the appeals, instructing Revenue to finalize the provisional assessment post investigation report consideration. en-us Thu, 17 Jan 2019 00:00:00 +0530 Fri, 19 Apr 2019 08:13:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378651 The Tribunal set aside the impugned order confirming demand and penalty against the appellants, directing finalization of provisional assessment under Section 18 of the Customs Act. The case involved mis-declaration of goods imported as synthetic spinning waste instead of acrylic fiber. The show cause notice issued without finalizing assessment was deemed improper, leading to unsustainability of penalties and interest imposed. The Tribunal allowed the appeals, instructing Revenue to finalize the provisional assessment post investigation report consideration. Case-Laws Customs Thu, 17 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378651