https://www.taxtmi.com/caselaws?id=760240 CESTAT New Delhi dismissed the appeal regarding classification of imported polyester filament in cut lengths. The appellant sought to classify goods under CTH 54041990 to claim IGST at 12% under Notification No. 35/2017. The tribunal held that the reduced 12% IGST rate applies only to synthetic or artificial filament yarn, while other goods under CTH 5402-5406 attract 18% IGST. Since the imported polyester filament was in cut pieces for paint brush manufacturing, it did not qualify as yarn. The tribunal distinguished between filament and yarn based on structural composition and resistance properties, concluding the goods were long monofilaments in cut lengths, not yarn. The appellant was denied the benefit of the concessional rate notification. en-us Mon, 14 Oct 2024 00:00:00 +0530 Fri, 18 Oct 2024 09:14:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760240 CESTAT New Delhi dismissed the appeal regarding classification of imported polyester filament in cut lengths. The appellant sought to classify goods under CTH 54041990 to claim IGST at 12% under Notification No. 35/2017. The tribunal held that the reduced 12% IGST rate applies only to synthetic or artificial filament yarn, while other goods under CTH 5402-5406 attract 18% IGST. Since the imported polyester filament was in cut pieces for paint brush manufacturing, it did not qualify as yarn. The tribunal distinguished between filament and yarn based on structural composition and resistance properties, concluding the goods were long monofilaments in cut lengths, not yarn. The appellant was denied the benefit of the concessional rate notification. Case-Laws Customs Mon, 14 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760240