Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

Kores India Ltd. Versus Commissioner of Customs, Mumbai

2016 (4) TMI 9 - CESTAT MUMBAI

Eligibility for benefit of reduced Custom duty under Project Import Regulations, 1986 - Goods imported during the period November and December 1986 and benefit of project import regulations were extended - Department contended that appellant has to c .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ant. Therefore, appellant is eligible for benefit of reduced custom duty. - Decided in favour of appellant with consequential relief - Appeal No. C/982/2004 - Dated:- 8-1-2016 - M V Ravindran, Member (J) And C J Mathew, Member (T) For the Appellant : .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

Mumbai II. 2. Heard both sides and perused the records. 3. The issue that arises for consideration is whether the appellant herein is eligible for the benefit of reduced Customs duty under the Project Import Regulations, 1986. Appellant registered a .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

he goods under project imports, appellants has not complied with the conditions No. 7 of project import regulations. Coming to such a conclusion adjudicating authority enforced the bond and confirmed the demand of ₹ 8,40,000/-. The first appell .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

that the appellant has to produce reconciliation statement of the goods imported and that the goods are installed in the factory. We find from the records that the goods were imported during the period November and December 1986 and benefit of projec .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

tion number 7 of project import regulation. We find that clause 7 of the project import regulation was brought into the regulations by notification number 17/92 - CUS dated 7/1/92. It is the case of the appellant that this condition could not have be .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

pressed into service for denying the benefit of project import regulation to the appellant. We find that identical issue came before the Tribunal in the case of Polyplex Corporation Ltd. 2007(211)ELT 548 and in the case of Creative Industries Private .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

nal as reported at 2012 (282) ELT 349. The ratio of the judgment of the Tribunal is reproduced. "10. On a very careful consideration of the issue, we find that Regulation 7 is not a condition determining the eligibility of the impugned goods for .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     bird's eye view     ↓  


|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version