2024 (10) TMI 165 - SCH - Customs

Classification of imported goods - Agricultural Reaper - Spare parts of Reaper - classifiable under CTH 84672900 and 84679900 respectively (Revenue) or under CTH 84331190 and 84339000 respectively? - Levy of penalty under Section 114A of the Customs Act - it was held by CESTAT that 'Since the classification of the goods is found to be falling under CTH 8467, hence in terms of Note 2(b) of Section XVI, parts of brush cutter will be classifiable under CTH 84679900.' HELD THAT - There shall be stay of demand subject to appellant depositing the amount payable by way of duty with the respondent within a period of three months from today. Application disposed off.

Summary

The Supreme Court granted interim relief in the appeal, with a stay of demand subject to the appellant depositing the duty amount within three months. The respondent did not appear despite being served notice. Application disposed of.