Misclassification of Goods as "Medicament" for CVD Exemption Confirmed; Confiscation u/s 111 Justified, Penalty Reduced.

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....Wrong Claim of exemption from CVD - respondents claimed classification of goods as “medicament” under Chapter 30 with intention to avail exemption of CVD at NIL rate - intention of the respondent is established the contravention u/s 111 for confiscation is fully justified - Demand of duty confirmed - however redemption fine and penalty reduced - AT....