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2017 (4) TMI 135 - CESTAT NEW DELHIBenefit of N/N. 12/2012-Cus dated 17.03.2012 as amended - import of preforms of precious and semi precious stones - denial on the ground that the imported goods cannot be considered as rough semi precious stones since they have already been partially worked upon - Held that: - the description “rough semi finished stones” will cover anything which requires further working upon to render them as “cut and polished”. These would cover gem stones of various levels of working right from rough stones. In this view of the matter the imported goods will fall under Sl. No. 312 as “rough semi precious stones” since they need to be further worked upon to convert them into cut and polished stones. Consequently, they will be eligible for benefit of “nil” rate of duty for the period upto 01.03.2013. There is no dispute for the period after the amendment carried out on 01.03.2013. - appeal allowed - decided in favor of appellant.
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