https://www.taxtmi.com/caselaws?id=423059 The tribunal ruled that air conditioners with both heating and cooling functions should be classified under heading 84151010, not 841581, aligning with the Harmonized System of Nomenclature. Parts of air conditioners imported separately should be classified under heading 84159000, not 84158110. Exemptions under Notification No. 85/2004-Cus and Notification No. 46/2011-Cus were granted based on the correct classification. Goods were to be assessed based on MRP/RSP for countervailing duty. Confiscation and penalties were set aside due to favorable classification and exemption determinations. The matter was remanded for re-quantification and reassessment. en-us Mon, 28 Feb 2022 00:00:00 +0530 Mon, 06 Feb 2023 11:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423059 The tribunal ruled that air conditioners with both heating and cooling functions should be classified under heading 84151010, not 841581, aligning with the Harmonized System of Nomenclature. Parts of air conditioners imported separately should be classified under heading 84159000, not 84158110. Exemptions under Notification No. 85/2004-Cus and Notification No. 46/2011-Cus were granted based on the correct classification. Goods were to be assessed based on MRP/RSP for countervailing duty. Confiscation and penalties were set aside due to favorable classification and exemption determinations. The matter was remanded for re-quantification and reassessment. Case-Laws Customs Mon, 28 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423059