1998 (7) TMI 105

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... anufacture grey cotton fabrics for export. It claimed the benefit of export promotion capital goods scheme providing 'zero duty' under Notification 111/95, dated 5-6-1995 and obtained an import licence to import plant and machinery worth Rs. 21 crores. It's licence was valid for 24 months and was later extended up to 6-8-1998. 2. Appellant imported plant and machinery worth Rs. 13 crores in 1995- .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ntended that the appellant had failed to present the Bill of Entries for clearance of goods and the machinery imported, therefore, could not be assessed. Instead of awaiting for such assessment against which appellant had an alternative remedy under the Customs Act a writ petition was filed to forestall assessment. 5. Upon this writ Court rejected appellant's writ petition declaring it as premat .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X