https://www.taxtmi.com/caselaws?id=767687 CESTAT Hyderabad upheld classification of imported fiber optic transmitters/receivers/transceivers under CTH 85176290 as optical transmission equipment, denying exemption under Notification 57/2017. The tribunal set aside invocation of extended limitation period, finding no deliberate suppression or fraud by appellant. Confiscation and penalties under sections 112(a) and 114A were dismissed due to classification dispute nature. However, penalty under section 114AA was upheld as appellant knowingly entered different classification than supplier's invoice. Matter remanded for redetermination of duty quantum. Appeal partly allowed. en-us Thu, 20 Mar 2025 00:00:00 +0530 Sat, 22 Mar 2025 08:34:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767687 CESTAT Hyderabad upheld classification of imported fiber optic transmitters/receivers/transceivers under CTH 85176290 as optical transmission equipment, denying exemption under Notification 57/2017. The tribunal set aside invocation of extended limitation period, finding no deliberate suppression or fraud by appellant. Confiscation and penalties under sections 112(a) and 114A were dismissed due to classification dispute nature. However, penalty under section 114AA was upheld as appellant knowingly entered different classification than supplier's invoice. Matter remanded for redetermination of duty quantum. Appeal partly allowed. Case-Laws Customs Thu, 20 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767687