https://www.taxtmi.com/caselaws?id=380859 In a classification dispute over import of ore versus concentrate, the tribunal treated the issue as debatable and noted that the foreign supplier and import documents described the goods as ore. It also found the demand revenue neutral because duty paid was available as Cenvat credit, negating any inference of intent to evade duty. On that basis, the extended period of limitation was held inapplicable. In the absence of mala fides, the redemption fine was found excessive and sharply reduced, while the penalties on the company and individual noticees were set aside. en-us Mon, 06 May 2019 00:00:00 +0530 Wed, 29 May 2019 12:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380859 In a classification dispute over import of ore versus concentrate, the tribunal treated the issue as debatable and noted that the foreign supplier and import documents described the goods as ore. It also found the demand revenue neutral because duty paid was available as Cenvat credit, negating any inference of intent to evade duty. On that basis, the extended period of limitation was held inapplicable. In the absence of mala fides, the redemption fine was found excessive and sharply reduced, while the penalties on the company and individual noticees were set aside. Case-Laws Customs Mon, 06 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380859