https://www.taxtmi.com/highlights?id=90106 CESTAT ruled that lithium-ion batteries imported for mobile phone manufacturing qualify for IGST at 12% under Serial No. 203 of Schedule II to IGST Rate Notification No. 01/2017-IT (Rate) from 01.04.2018 to 31.03.2020, thereafter 18% following omission of Serial No. 203. The Tribunal rejected revenue's contention that batteries should attract higher rates under Serial No. 139 (28%) or Serial No. 376AA (18%) based on classification uncertainty at import stage. Relying on precedents including LG Electronics and Camlin Ltd., CESTAT held that specific end-use provisions override general classification rules. The demand for short-paid customs duty under Section 28(1) of Customs Act, interest under Section 28AA, redemption fine, and penalty under Section 112(a)(ii) were set aside. Appeal allowed. en-us Fri, 04 Jul 2025 08:38:46 +0530 Fri, 04 Jul 2025 08:38:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=90106 CESTAT ruled that lithium-ion batteries imported for mobile phone manufacturing qualify for IGST at 12% under Serial No. 203 of Schedule II to IGST Rate Notification No. 01/2017-IT (Rate) from 01.04.2018 to 31.03.2020, thereafter 18% following omission of Serial No. 203. The Tribunal rejected revenue's contention that batteries should attract higher rates under Serial No. 139 (28%) or Serial No. 376AA (18%) based on classification uncertainty at import stage. Relying on precedents including LG Electronics and Camlin Ltd., CESTAT held that specific end-use provisions override general classification rules. The demand for short-paid customs duty under Section 28(1) of Customs Act, interest under Section 28AA, redemption fine, and penalty under Section 112(a)(ii) were set aside. Appeal allowed. Highlights Customs Fri, 04 Jul 2025 08:38:46 +0530 https://www.taxtmi.com/highlights?id=90106