https://www.taxtmi.com/caselaws?id=761898 CESTAT Kolkata held that imported goods were correctly classified as Low Aromatic White Spirit under CTH 2710 1990, not Kerosene under CTH 2710 1910 as determined by the adjudicating authority. The tribunal found no mis-declaration occurred since the goods met technical specifications for Low Aromatic White Spirit per IS 1459:2018 standards. Confiscation under Sections 111(m) and 111(d) of Customs Act 1962 was set aside as no Foreign Trade Policy violation existed. Penalty under Section 112(a)(i) was also quashed due to absence of mis-declaration. en-us Tue, 19 Nov 2024 00:00:00 +0530 Tue, 19 Nov 2024 15:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761898 CESTAT Kolkata held that imported goods were correctly classified as Low Aromatic White Spirit under CTH 2710 1990, not Kerosene under CTH 2710 1910 as determined by the adjudicating authority. The tribunal found no mis-declaration occurred since the goods met technical specifications for Low Aromatic White Spirit per IS 1459:2018 standards. Confiscation under Sections 111(m) and 111(d) of Customs Act 1962 was set aside as no Foreign Trade Policy violation existed. Penalty under Section 112(a)(i) was also quashed due to absence of mis-declaration. Case-Laws Customs Tue, 19 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761898