1997 (3) TMI 288 - AT - Customs

Summary

The case involved M/s. India Steamship Company Ltd importing containers under a duty exemption notification. Dispute arose, containers were sold, and duty demanded. The Collector (Appeals) held the condition in the notification void and allowed the appeal. The Appellate Tribunal held that the contract could be fulfilled as per the bond terms, and duty was payable. Appeal allowed, impugned order set aside.