Home Case Index All Cases Customs Customs + AT Customs - 2017 (11) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (11) TMI 687 - CESTAT NEW DELHIProject import - benefit of concessional rate of duty - The benefit stands denied by the Customs authorities only on a technical reason that the contract for supply with the foreign supplier has not been executed by the present importer - Held that: - The benefit of concessional rate of duty under project import classifiable under Heading 98.01 of the Customs Tariff, is extended to those projects which are duly certified by the sponsoring authority - In the present case, the Jaipur Metro is being executed by DMRC and the sponsoring authority i.e. Ministry of Urban Development has certified the list of goods which are required to be imported for the Jaipur Metro Project. The goods being imported are meant for supply ultimately for the Jaipur Metro Project. The annexure containing the detailed bill of materials also stands recommended by the Ministry of Urban Development. We find that the Revenue has not made any allegation to the effect that the goods are not related to the Metro Rail Project and are not covered by the project import regulation. Consequently, there is no reason to deny the benefit of concessional rate of duty under Project Import Regulations. Appeal allowed - decided in favor of appellant-importer.
|