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2017 (6) TMI 215 - AT - CustomsBenefit of exemption under Sl. No. 125 of N/N. 20/1999-Cus - denial on the sole ground that the imported scrap is used in the basic oxygen furnace and not in the electric arc furnace - Held that: - Sl. No. 125 of N/N. 20/1999-Cus., dated 28.02.1999 grants exemption to melting scrap of Iron or Steel for use in electric arc furnace, induction furnace or for melting in hot blast cupola or for supply to a unit for use in electric arc furnace, induction furnace or for melting in hot blast cupola. The imported melting scrap has either been used directly in the electric arc furnace or has been used in such furnace indirectly after passing through the processing in the basic oxygen furnace - the portion of the scrap initially charged in the basic oxygen furnace will also be eligible for import at concessional rate of duty inasmuch as it has indirectly found its way into electric arc furnace. The appellant will be eligible for the concessional rate of duty under Customs N/N. 20/99 dated 28.2.99 - appeal allowed - decided in favor of appellant.
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