https://www.taxtmi.com/caselaws?id=450413 CESTAT Bangalore held that imported brush cutters were correctly classifiable under CTH 8467 8990 rather than CTH 8432 2990 as declared by the appellant. The goods were not eligible for benefit under Notification 12/2012. Extended period of limitation could not be invoked absent willful suppression. Confiscation and redemption fine for earlier clearances were set aside. For present consignment valued at Rs. 40.58 lakhs, redemption fine was reduced to Rs. 4 lakhs under Section 111(m) and penalty confirmed at Rs. 2 lakhs under Section 114AA. Duty demand for normal period with interest was confirmed. Personal penalty on Director was set aside. en-us Thu, 29 Feb 2024 00:00:00 +0530 Tue, 05 Mar 2024 08:57:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450413 CESTAT Bangalore held that imported brush cutters were correctly classifiable under CTH 8467 8990 rather than CTH 8432 2990 as declared by the appellant. The goods were not eligible for benefit under Notification 12/2012. Extended period of limitation could not be invoked absent willful suppression. Confiscation and redemption fine for earlier clearances were set aside. For present consignment valued at Rs. 40.58 lakhs, redemption fine was reduced to Rs. 4 lakhs under Section 111(m) and penalty confirmed at Rs. 2 lakhs under Section 114AA. Duty demand for normal period with interest was confirmed. Personal penalty on Director was set aside. Case-Laws Customs Thu, 29 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450413