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2015 (3) TMI 466 - CESTAT BANGALOREWaiver of pre deposit - whether the appellant is liable to pay customs duty on such spare parts and components imported and used in the repair/overhaul of engines and exported. - Held that:- Prima facie, the appellants have fulfilled the conditions which are required to be fulfilled if they were to import the goods under Notification No. 134/94 and if they were to follow the procedure appropriately. The confusion seems to have arisen because of conflicting advises and appellants own contribution. In any case, the basic objective of the Notification that such parts/components imported are used for repair/overhaul of goods exported/re-exported has been fulfilled. Therefore, in our opinion, at this stage, appellant need not be put to any requirement of pre-deposit. Accordingly, the requirement of pre-deposit is waived and stay against recovery is granted during the pendency of appeal. - Stay granted.
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