https://www.taxtmi.com/caselaws?id=283742 The appellate tribunal set aside the impugned order and allowed the appeal, emphasizing the importance of accurate classification and valuation in determining duty liability under the Customs Act. The tribunal found that the re-classification of imported goods as finished products, leading to increased duty liability, was not justified as there was no mis-declaration and the goods were not imported in their complete form. The decision highlighted the distinction between classification and valuation, underscoring the significance of correct assessment and duty payment based on the essential character of the complete article. en-us Thu, 29 Nov 2018 00:00:00 +0530 Thu, 05 Nov 2020 09:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283742 The appellate tribunal set aside the impugned order and allowed the appeal, emphasizing the importance of accurate classification and valuation in determining duty liability under the Customs Act. The tribunal found that the re-classification of imported goods as finished products, leading to increased duty liability, was not justified as there was no mis-declaration and the goods were not imported in their complete form. The decision highlighted the distinction between classification and valuation, underscoring the significance of correct assessment and duty payment based on the essential character of the complete article. Case-Laws Customs Thu, 29 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283742