https://www.taxtmi.com/caselaws?id=764896 The Tribunal ruled in favor of the appellants, determining that the imported goods, "Liquid Seaweed Concentrate (Crop Plus)," should be classified under CTI 3101 0099 as fertilizers, rather than under CTI 3808 9340 as plant growth regulators. Consequently, the goods were eligible for a concessional duty rate under Serial No. 196 of Notification No. 12/2012-Cus. The penalty imposed under Section 114A of the Customs Act, 1962, was deemed unjustified and was set aside, as there was no evidence of intentional misclassification by the appellants. en-us Tue, 14 Jan 2025 00:00:00 +0530 Tue, 21 Jan 2025 09:16:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764896 The Tribunal ruled in favor of the appellants, determining that the imported goods, "Liquid Seaweed Concentrate (Crop Plus)," should be classified under CTI 3101 0099 as fertilizers, rather than under CTI 3808 9340 as plant growth regulators. Consequently, the goods were eligible for a concessional duty rate under Serial No. 196 of Notification No. 12/2012-Cus. The penalty imposed under Section 114A of the Customs Act, 1962, was deemed unjustified and was set aside, as there was no evidence of intentional misclassification by the appellants. Case-Laws Customs Tue, 14 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764896