Feedback   New User   Login      
Tax Management India. Com TMI - Tax Management India. Com
Home Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Case Laws Manuals Short Notes Articles News Highlights
Extracts
Home List
← Previous Next →

Knorr-Bremse India Pvt. Ltd. Versus Commr. of Cus. (Appeals) , New Delhi

2017 (11) TMI 687 - CESTAT NEW DELHI

Project 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 bein .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

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. - C/50710-50711/2015 and C/50507/2014 - Final Order Nos. A/51874-51876/2017-CU(DB) - Dated:- 17-2-2017 - Dr. Satish Chandra, President and Shri V. Padmanabhan, Member (T) Shri K.K. Gupta, Advocate, for the Assessee. Shri Amresh Jain, AR, for the Departme .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

al dated 30-9-2013 passed by the same appellate authority in which the benefit of project imports have been extended for the respondent-importer. 2. Brief facts of the case are that M/s. Delhi Metro Rail Corporation (DMRC) was entrusted with the task of setting up the Jaipur Metro and its corridors. DMRC awarded the contract for supply of 40 metro cars to M/s. BEML, Bangalore. M/s. BEML in turn awarded a sub-contract to the importer for supply of breaking systems certain parts required 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

e sub-contractors including M/s. Knorr-Bremse India and BEML and the goods proposed to be imported. Supported by the above certificate, M/s. BEML registered with the Customs authorities for the import of the goods under Project Import Regulations. 3. At the time of import of the goods, the importer approached the customs authorities for the benefit of concessional rate of duty under Customs heading 98.01. Such benefits claimed by the importer were denied by the original customs authorities .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ts, the Commissioner (Appeals) rejected the benefit of project import regulation. Such orders have been challenged by the importer. 4. With the above background, we have heard Sh. K.K. Gupta, ld. Advocate for the assessee and Shri Amresh Jain, ld. AR for the Revenue. 5. Ld. Counsel draws our attention to the certificate issued by the sponsoring authority i.e. Ministry of Urban Development. The certificate covers the various equipments required to be imported for supply of rolling stock .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

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


|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

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

Go to Mobile Version