https://www.taxtmi.com/caselaws?id=445290 Classification of imported gold coins depends on whether they are issued under government control for use as legal tender. Heading 7118 covers only such legal-tender coins; articles colloquially described as gold coins do not automatically fall within that heading. The prior Khandwala Enterprise ruling did not conclusively classify all gold coins under heading 7118, and could not be treated as settling the issue. The customs classification orders were set aside and remitted for fresh adjudication, requiring reconsideration of the applicable tariff heading, the binding explanatory notes, and eligibility for the Indo-Korean CEPA customs-duty exemption. 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 Classification of imported gold coins depends on whether they are issued under government control for use as legal tender. Heading 7118 covers only such legal-tender coins; articles colloquially described as gold coins do not automatically fall within that heading. The prior Khandwala Enterprise ruling did not conclusively classify all gold coins under heading 7118, and could not be treated as settling the issue. The customs classification orders were set aside and remitted for fresh adjudication, requiring reconsideration of the applicable tariff heading, the binding explanatory notes, and eligibility for the Indo-Korean CEPA customs-duty exemption. Case-Laws Customs Thu, 02 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445290