https://www.taxtmi.com/caselaws?id=430534 Gold coins that are not legal tender are classifiable as articles of gold under CTH 7114 rather than as coins under CTH 7118, because the tariff heading and HSN notes exclude non-legal-tender gold coins from the coins entry. On that classification, the import policy and exemption entry for gold articles applied, and the restriction cited for coins under Exim code 7118 did not extend to articles under 7114. The text also states that mere RBI letters or allied communications do not amount to statutory regulations capable of making such imports restricted goods. The result described is that the goods were treated as freely importable and eligible for customs exemption. en-us Wed, 20 Jul 2022 00:00:00 +0530 Mon, 21 Nov 2022 14:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430534 Gold coins that are not legal tender are classifiable as articles of gold under CTH 7114 rather than as coins under CTH 7118, because the tariff heading and HSN notes exclude non-legal-tender gold coins from the coins entry. On that classification, the import policy and exemption entry for gold articles applied, and the restriction cited for coins under Exim code 7118 did not extend to articles under 7114. The text also states that mere RBI letters or allied communications do not amount to statutory regulations capable of making such imports restricted goods. The result described is that the goods were treated as freely importable and eligible for customs exemption. Case-Laws Customs Wed, 20 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430534