https://www.taxtmi.com/highlights?id=75540 Mandatory penalty u/s 114A of the Customs Act, 1962 not imposed - imported goods as “Polyester Bed Sheet”- mis-classified the impugned goods - The case involves a dispute over the classification of imported goods. The Revenue contended that the goods should be classified as "Polyester Woven Fabrics" under CTH 5407, while the respondent classified them as "Polyester Bed Sheet" under CTH 6304. The Tribunal ruled in favor of the respondent, determining that the goods were correctly classified as "Bed spreads" under CTH 6304 and dismissed the appeal filed by the Revenue. en-us Sat, 09 Mar 2024 12:33:19 +0530 Sat, 09 Mar 2024 12:33:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=75540 Mandatory penalty u/s 114A of the Customs Act, 1962 not imposed - imported goods as “Polyester Bed Sheet”- mis-classified the impugned goods - The case involves a dispute over the classification of imported goods. The Revenue contended that the goods should be classified as "Polyester Woven Fabrics" under CTH 5407, while the respondent classified them as "Polyester Bed Sheet" under CTH 6304. The Tribunal ruled in favor of the respondent, determining that the goods were correctly classified as "Bed spreads" under CTH 6304 and dismissed the appeal filed by the Revenue. Highlights Customs Sat, 09 Mar 2024 12:33:19 +0530 https://www.taxtmi.com/highlights?id=75540