https://www.taxtmi.com/caselaws?id=389412 The appeal of M/s Mulchand M. Zaveri was partly allowed, reducing the redemption fine but upholding the reclassification, confiscation, and penalties. The appeal of the partner was allowed, setting aside the separate penalty imposed on him. The Tribunal emphasized the importance of the natural origin of 'ores' and the inadmissibility of artificially created substances under the claimed exemption. en-us Thu, 05 Dec 2019 00:00:00 +0530 Sat, 07 Nov 2020 16:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389412 The appeal of M/s Mulchand M. Zaveri was partly allowed, reducing the redemption fine but upholding the reclassification, confiscation, and penalties. The appeal of the partner was allowed, setting aside the separate penalty imposed on him. The Tribunal emphasized the importance of the natural origin of 'ores' and the inadmissibility of artificially created substances under the claimed exemption. Case-Laws Customs Thu, 05 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389412