https://www.taxtmi.com/caselaws?id=753103 CESTAT Chennai held that imported I-MAS POs-Nickel Compound containing Nickel Hydroxide, Cobalt Hydroxide, and Graphite was correctly classified under CTH 38249900 rather than appellant's claimed CTH 28254000. The addition of Cobalt Hydroxide and Graphite made the product specifically suitable for Nickel Cadmium battery manufacture, restricting its general use. Appellant was denied benefits under Customs Notification No. 50/2017 as neither product description nor CTH matched notification requirements. While duty demand with interest was confirmed, fine and penalty were set aside considering appellant's regular import status and supplier's global classification practice, finding no malafide intent. Appeal partly allowed. en-us Wed, 13 Mar 2024 00:00:00 +0530 Fri, 24 May 2024 10:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753103 CESTAT Chennai held that imported I-MAS POs-Nickel Compound containing Nickel Hydroxide, Cobalt Hydroxide, and Graphite was correctly classified under CTH 38249900 rather than appellant's claimed CTH 28254000. The addition of Cobalt Hydroxide and Graphite made the product specifically suitable for Nickel Cadmium battery manufacture, restricting its general use. Appellant was denied benefits under Customs Notification No. 50/2017 as neither product description nor CTH matched notification requirements. While duty demand with interest was confirmed, fine and penalty were set aside considering appellant's regular import status and supplier's global classification practice, finding no malafide intent. Appeal partly allowed. Case-Laws Customs Wed, 13 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753103