https://www.taxtmi.com/caselaws?id=764771 Rule 2(a) permits classification of imported components as an incomplete or unfinished e-rickshaw only where, as presented, they possess the essential character of the finished article. Components lacking battery-driven propulsion did not meet that test, so the classification adopted by the appellate authority was sustained. Transaction value could not be rejected or enhanced without recorded reasons and compliance with the prescribed valuation procedure; failure to do so breached natural justice. As misdeclaration of description, classification and value was not established, confiscation, redemption fine and penalties were unsustainable. The departmental challenge failed and the appellate orders were maintained. en-us Thu, 16 Jan 2025 00:00:00 +0530 Fri, 17 Jan 2025 08:46:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764771 Rule 2(a) permits classification of imported components as an incomplete or unfinished e-rickshaw only where, as presented, they possess the essential character of the finished article. Components lacking battery-driven propulsion did not meet that test, so the classification adopted by the appellate authority was sustained. Transaction value could not be rejected or enhanced without recorded reasons and compliance with the prescribed valuation procedure; failure to do so breached natural justice. As misdeclaration of description, classification and value was not established, confiscation, redemption fine and penalties were unsustainable. The departmental challenge failed and the appellate orders were maintained. Case-Laws Customs Thu, 16 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764771