https://www.taxtmi.com/caselaws?id=459586 CESTAT Mumbai allowed the appeal regarding re-classification of imported goods. The importer declared goods as penetrating oil under tariff item 3403 9900, but authorities re-classified them as diesel oil under tariff item 2710 1990 based on test reports showing petroleum oil content above 70%. CESTAT held that the test reports lacked proper computation methods and failed to establish conformity with the proposed classification. The authorities did not adequately verify whether goods qualified as preparations under the adopted heading, which requires petroleum oils as basic constituents. The tribunal found the re-classification exercise flawed and not in accordance with law, setting aside the impugned order and accepting the originally declared classification and value. en-us Mon, 01 Jul 2024 00:00:00 +0530 Wed, 18 Dec 2024 21:12:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459586 CESTAT Mumbai allowed the appeal regarding re-classification of imported goods. The importer declared goods as penetrating oil under tariff item 3403 9900, but authorities re-classified them as diesel oil under tariff item 2710 1990 based on test reports showing petroleum oil content above 70%. CESTAT held that the test reports lacked proper computation methods and failed to establish conformity with the proposed classification. The authorities did not adequately verify whether goods qualified as preparations under the adopted heading, which requires petroleum oils as basic constituents. The tribunal found the re-classification exercise flawed and not in accordance with law, setting aside the impugned order and accepting the originally declared classification and value. Case-Laws Customs Mon, 01 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459586