https://www.taxtmi.com/caselaws?id=438626 The Tribunal upheld the reclassification of imported goods to CTH 90610010 and CTH 84562000, finding misclassification to evade customs duty. It ruled in favor of the transaction value for Ultrasonic Cleaners, rejecting the deductive value method. Differential duties were confirmed for specific Bills of Entry, with penalties imposed under Sections 112(a) and 114A of the Customs Act. The appellant's deposited amount was appropriated towards liabilities, and the bank guarantee released. en-us Wed, 19 Apr 2023 00:00:00 +0530 Mon, 05 Jun 2023 13:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438626 The Tribunal upheld the reclassification of imported goods to CTH 90610010 and CTH 84562000, finding misclassification to evade customs duty. It ruled in favor of the transaction value for Ultrasonic Cleaners, rejecting the deductive value method. Differential duties were confirmed for specific Bills of Entry, with penalties imposed under Sections 112(a) and 114A of the Customs Act. The appellant's deposited amount was appropriated towards liabilities, and the bank guarantee released. Case-Laws Customs Wed, 19 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438626