https://www.taxtmi.com/caselaws?id=750691 CESTAT Chennai held that imported agricultural reapers and brush cutters are classifiable under CTH 8467 rather than CTH 8467 as claimed by Revenue. The tribunal applied commercial parlance interpretation, noting goods are marketed as brush cutters in trade literature. Parts were classified under CTH 84679900 per Section XVI Note 2(b). Penalty under Section 114A was upheld for willful misstatement in Bill of Entry, as importer failed to declare correct classification despite prior adverse orders. The tribunal emphasized importers' responsibility for accurate declarations in self-assessment regime, rejecting arguments that departmental knowledge negates suppression. Interest liability was confirmed as automatic operation of law for delayed duty payment. en-us Fri, 22 Mar 2024 00:00:00 +0530 Wed, 11 Jun 2025 14:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=750691 CESTAT Chennai held that imported agricultural reapers and brush cutters are classifiable under CTH 8467 rather than CTH 8467 as claimed by Revenue. The tribunal applied commercial parlance interpretation, noting goods are marketed as brush cutters in trade literature. Parts were classified under CTH 84679900 per Section XVI Note 2(b). Penalty under Section 114A was upheld for willful misstatement in Bill of Entry, as importer failed to declare correct classification despite prior adverse orders. The tribunal emphasized importers' responsibility for accurate declarations in self-assessment regime, rejecting arguments that departmental knowledge negates suppression. Interest liability was confirmed as automatic operation of law for delayed duty payment. Case-Laws Customs Fri, 22 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=750691