https://www.taxtmi.com/caselaws?id=445290 The note addresses classification of imported gold coins, distinguishing tariff subheading CTH 7114 (articles of gold and other precious metal wares) from CTH 7118 (coins), and rejects a broad reading that all gold articles in coin form fall under CTH 7118 9000. It explains that CTH 7118 1000 covers coins not being legal tender while CTH 7118 9000 is residuary and may include gold coins that are or were legal tender. The explanatory notes are binding and must be applied. The Principal Commissioners interpretation of prior authority was erroneous; the impugned order was set aside and the petition allowed. en-us Thu, 02 Nov 2023 00:00:00 +0530 Wed, 21 Jan 2026 14:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445290 The note addresses classification of imported gold coins, distinguishing tariff subheading CTH 7114 (articles of gold and other precious metal wares) from CTH 7118 (coins), and rejects a broad reading that all gold articles in coin form fall under CTH 7118 9000. It explains that CTH 7118 1000 covers coins not being legal tender while CTH 7118 9000 is residuary and may include gold coins that are or were legal tender. The explanatory notes are binding and must be applied. The Principal Commissioners interpretation of prior authority was erroneous; the impugned order was set aside and the petition allowed. Case-Laws Customs Thu, 02 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445290