CESTAT ruled on classification of imported goods under different tariff headings. No mis-declaration found. Penalties set aside.

CESTAT ruled on classification of imported goods under different tariff headings. No mis-declaration found. Penalties set aside. https://www.taxtmi.com/highlights?id=78372 The case involved the classification of imported consignments u/s CTH 5903 or CTH 5407. CESTAT held that goods were not classifiable u/s CTH 54071094. No mis-classification by the appellant, who correctly claimed consignments u/s CTH 5707. Show Cause Notice error in classifying consignments u/s CTH 5903. Impugned order set aside, duty and penalty confirmed for one consignment. Penalty on Director set aside due to no mis-declaration. Revenue's appeal dismissed, importer and Director's appeals allowed. en-us Tue, 11 Jun 2024 07:56:12 +0530 Tue, 11 Jun 2024 07:56:12 +0530 TaxTMI RSS Generator CESTAT ruled on classification of imported goods under different tariff headings. No mis-declaration found. Penalties set aside. https://www.taxtmi.com/highlights?id=78372 The case involved the classification of imported consignments u/s CTH 5903 or CTH 5407. CESTAT held that goods were not classifiable u/s CTH 54071094. No mis-classification by the appellant, who correctly claimed consignments u/s CTH 5707. Show Cause Notice error in classifying consignments u/s CTH 5903. Impugned order set aside, duty and penalty confirmed for one consignment. Penalty on Director set aside due to no mis-declaration. Revenue's appeal dismissed, importer and Director's appeals allowed. Highlights Customs Tue, 11 Jun 2024 07:56:12 +0530 https://www.taxtmi.com/highlights?id=78372