https://www.taxtmi.com/caselaws?id=782710 CESTAT Bangalore held that the imported 22 karat gold medallions (purity 91.60%) are classifiable under CTI 7114 1910 as "articles of gold" and not under CTI 7118 9000 as "gold coins," following the precedent that non-legal-tender coins are excluded from CTH 7118 under the HSN Explanatory Notes. Consequently, the benefit of exemption under Sl. No. 966 of Notification No. 46/2011-Cus was held to be available. The Tribunal further held that the seizure under Section 110 of the Customs Act, 1962 was unsustainable, as the goods were neither confiscated nor liable to confiscation under Section 111, and directed their release. en-us Thu, 17 Apr 2025 00:00:00 +0530 Wed, 03 Dec 2025 08:57:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782710 CESTAT Bangalore held that the imported 22 karat gold medallions (purity 91.60%) are classifiable under CTI 7114 1910 as "articles of gold" and not under CTI 7118 9000 as "gold coins," following the precedent that non-legal-tender coins are excluded from CTH 7118 under the HSN Explanatory Notes. Consequently, the benefit of exemption under Sl. No. 966 of Notification No. 46/2011-Cus was held to be available. The Tribunal further held that the seizure under Section 110 of the Customs Act, 1962 was unsustainable, as the goods were neither confiscated nor liable to confiscation under Section 111, and directed their release. Case-Laws Customs Thu, 17 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782710