1987 (6) TMI 298 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi ruled against the CCE Bombay's appeal regarding pontoons being classified as ocean-going vessels for tax exemption. The Collector Appeals' decision to extend the exemption was deemed incorrect as pontoons are not designed for ocean travel. The exemption for pontoons was denied based on their limited use as ferry boats or temporary supports. The Tribunal's decision was supported by a reference to a Supreme Court case. The appeal was allowed, confirming that pontoons do not qualify as ocean-going vessels.