https://www.taxtmi.com/caselaws?id=441436 The Appellate Tribunal CESTAT Chennai classified imported Diffused Silicon Wafers as parts of semiconductor devices under CTH 8541 9000, not as finished Solar Cells under CTH 8541. As the Wafers were deemed intermediate products, they were not subject to safeguard duty. The Tribunal also overturned confiscation, redemption fine, and penalties imposed under the Customs Act, 1962, due to the absence of proven mala fide intention for misclassification. The appeal was allowed, and the impugned order of 09.12.2022 was set aside. en-us Thu, 03 Aug 2023 00:00:00 +0530 Mon, 07 Aug 2023 13:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441436 The Appellate Tribunal CESTAT Chennai classified imported Diffused Silicon Wafers as parts of semiconductor devices under CTH 8541 9000, not as finished Solar Cells under CTH 8541. As the Wafers were deemed intermediate products, they were not subject to safeguard duty. The Tribunal also overturned confiscation, redemption fine, and penalties imposed under the Customs Act, 1962, due to the absence of proven mala fide intention for misclassification. The appeal was allowed, and the impugned order of 09.12.2022 was set aside. Case-Laws Customs Thu, 03 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441436